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Gnesinka [82]
3 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:
Alborosie3 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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Suppose you are planning a summer vacation and book a hotel room online for $149 a night. However, when you get to the reservati
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Answer:

iii

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Most of the time hotels will charge more when more rooms are booked, so when you book your hotel room, and many rooms are booked, most people do get charged more.

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Joy calls a mobile phone store to enquire about a new phone available in the market. The customer service operator sends him an
blondinia [14]

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The answer to the question is customer- initiated touch point

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When interaction is initiated by the customer, it is known as customer-initiated  touch point.This is sometimes made possible by referrals from those customers who have  made use of the product in the time past or due to a brand loyalty a product or service commands among its rival products or services.

4 0
3 years ago
Mary, a real estate agent, buys for herself a property that her principal, Karen, wanted to buy. If Mary is aware that Karen wan
irakobra [83]

Answer: C. grant Mary the legal rights for the property.

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6 0
3 years ago
Which of the following is the type of logical database model that treats data as if they were stored in two-dimensional tables?
Luden [163]

Answer: (C) Relational DBMS

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 The relational database management system (DBMS) is specifically designed for the purpose of relational databases by using the concept database management system.

 The relational database is basically refers to the DBMS which store the data or information in the form of structured format by using various columns and rows.

The relational DBMS makes more easy to access the values which is more specific in the database management system.

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4 0
3 years ago
Read 2 more answers
demand and marginal revenue curves are downward-sloping for monopolistically competitive firms because
Brrunno [24]

Demand and marginal revenue curves are downward-sloping for monopolistically competition firms because: a. product differentiation allows each firm some degree of monopoly power.

<h3>What is product differentiation?</h3>

Product differentiation  can be defined as what makes a product to different from another product which is why some producer tend to include a unique features in their so as to make their product distinct from that of others.

A monopolistic competitive firms can tend to  face a downward - sloping demand curve based on the fact that it help to differentiate their product from that of others competitors.

Therefore the correct option is A.

Learn more about Product differentiation here: brainly.com/question/8107956

#SPJ1

The complete question is:

Demand and marginal revenue curves are downward-sloping for monopolistically competition firms because...

a)product differentiation allows each firm some degree of monopoly power

b)there are a few large firms in the industry and they each act as a monopolist

c)mutual interdependence among all firms in the industry leads to collusion

d)each firm has to take the market price as given

6 0
1 year ago
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