Answer:
The 50.30 days are required to take its credit customers to pay for their purchases.
Explanation:
For computing the average collection period, we have to use the formula of the average collection period.
Average collection period = Average accounts receivable ÷ Credit sales × total number of days in a year
= $107,900 ÷ $783,000 × 365
= 0.13780 × 365
= 50.30 days
We assume 365 days in a year
The cost of goods sold is irrelevant. Thus, it is not considered in the computation part.
Hence, 50.30 days are required to take its credit customers to pay for their purchases.
Answer:
Workforce diversity
Explanation:
Workforce diversity refers to similarities and differences between employers and employees in terms of their race, religion, gender, perspectives and opinions.
Diversity is important for every industry, organization, and company since people have different perspective and views, they approach business problems differently, leading to different solutions. Diversity leads to increase profits, creativity, wide range of skills e.t.c.
Hand-Eye coordination and Customer service are important traits for a flight attendant. Hand-Eye coordination is important because a flight attendant is on a moving vehicle while also moving around. Customer service is also important because a flight attendant helps the passengers within the plane.
Answer:
D
Explanation:
A statement of the basic purpose that makes the organization different from others.
Answer and Explanation:
The preparation of the differential analysis is presented below:
<u>Particulars Lease Machinery Sell Machinery Differential Effect on Income
</u>
Revenues $284,900 $275,700 $9,200
Costs $24,600 $13,785 $10,815
Income (Loss) $260,300 $261,915 -$1,615
It is better to sell the machinery as it has a loss of $1,615
