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Gnesinka [82]
4 years ago
15

A company reports the following information for the year: Net credit sales $ 120,000 Average accounts receivable 20,000 Cash col

lections on credit sales 100,000 What is the company's receivables turnover ratio?
Business
1 answer:
Alborosie4 years ago
7 0

Answer:

receivable turnover ration = 6

Explanation:

credit sales = 120000

Credit sales =As we know that: Receivables turnover ration = Net credit sales /Average account receivable.

                                 =    120000/ 20000

                                 = 6.

it indicates that company convert its receivable to cash 6 times that year.

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At the beginning of march, janet opened a checking account with her first paycheck of $153.82. during the month, she withdrew $4
elena55 [62]

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The account balance is $70.40.

Explanation:

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6 0
3 years ago
Read 2 more answers
michael porter proposed that business-level strategies originate with the primary competitive forces in the firm’s environment;
masya89 [10]

According to <em>Michael Porter</em>, the primary competitive forces are:

  1. The threats of new market players
  2. The threat of substitute products or services
  3. Power of suppliers
  4. Power of customers
  5. Industry rivalry

1. The threats of new market players:

  • It is the threat that corresponds to the growth of a certain market, its profitability and differentiation of your product or service in relation to competitors.

2.The threat of substitute products or services:

  • It is the analysis of products that partially or totally replace your product or service and cause your market share to decrease.

3. Power of suppliers:

  • It occurs when suppliers have a monopoly on the market and dictate market rules, defining prices and terms.

4. Power of customers:

  • When the customer is able to negotiate prices and terms with a company, as in a segment with many suppliers and few customers.

5. Industry rivalry

  • The level of competition between a market that has several competitors, which will lead companies to develop competitive advantages to conquer a larger market share.

Therefore, these are Porter's 5 forces, that is, it is a methodology that aims to analyze the level of competitiveness in the market, relationship and impact on a business, helping a company to understand its strengths and weaknesses to become competitive and profitable in the long run.

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brainly.com/question/12587672

8 0
3 years ago
In order to remain competitive in the contemporary business environment, several firms have started training their employees to
igomit [66]

Answer:

A.There has been a renewed emphasis on integrative thinking and solving problems cross-functionally.

Explanation:

In order to live competing in the present marketing situation, various firms have commenced preparing their employees to hinder viewing obstacles as strictly operative,  an accounting problem, or a marketing obstacle, concerning example, there has been a restored emphasis on integrative reasoning as well as working problem cross-functionally this trend explains concerning strategic management. Basically, as we know that strategic management is the ongoing planning, analysis, monitoring as well as evaluation of all that is essential for an association to meet its aims as well as objectives.

4 0
4 years ago
Dufner Co. issued 14-year bonds one year ago at a coupon rate of 7.9 percent. The bonds make semiannual payments. If the YTM on
valentinak56 [21]

Answer:

Bond price= $1,210.4

Explanation:

Giving the following information:

Coupon rate= 0.079/2= 0.0395

YTM= 0.056/2= 0.028

Face value= $1,000

n= 13*2= 26

<u>To calculate the price of the bond, we need to use the following formula:</u>

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond price= 39.5*{[1 - (1.028^-26)]/0.028} + [1,000 / 1.028^26]

Bond price= 722.67 + 487.73

Bond price= $1,210.4

4 0
3 years ago
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