1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kolbaska11 [484]
3 years ago
7

Interior Designs has a days sales in inventory of 51 days, an average payment period of 38 days, and an average collection perio

d of 32 days. Management is considering an offer from their suppliers to pay within 10 days and receive a 2 percent discount. If the new discount is taken, the average payment period is expected to decline by 26 days. If the new discount is taken, the operating cycle will be _____ days. Group of answer choices
Business
1 answer:
mina [271]3 years ago
8 0

Answer:

Operating cycle will be 83 days

Explanation:

The operating cycle is the average period of time required for a business to make an initial outlay of cash to produce goods, sell the goods, and receive cash from customers in exchange for the goods.

The original operating cycle is 51 + 32 = 83 days.

The operating cycle will not change because the average payment period does not affect the operating cycle, it only affect the cash cycle.

You might be interested in
Factor Co. can produce a unit of product for the following costs: Direct material $ 7.70​ Direct labor 23.70​ Overhead 38.50​ To
vovangra [49]
I would help you but I can’t understand this
8 0
3 years ago
Frank has just completed a study in which he gave a survey to each of 7,000 employees and their supervisors in a large bank. His
vovikov84 [41]

Answer:

The declaration is mostly accurate or correct.

Explanation:

  • Task success can be induced by work satisfaction. But that could also be accurate the opposite way round, i.e. work success affects employee satisfaction.
  • The inference reached here does not specify which incident seems to be the reason and which one is the trigger's consequence. A significant direct connection between the two can not be identified. Other than that, there could be other variables that may control the two variables.
8 0
3 years ago
What do administrative support careers do? Name three tasks.
ANTONII [103]
1.Computer software
2.Operate fax machines
3.Answer routine letters and email

4 0
3 years ago
Read 2 more answers
The recognition of the need for organizations to improve the state of people, the planet, and profit simultaneously if they are
romanna [79]

Answer:

The need for organisations (which may be governmental or non-governmental) to improve the condition of living of people and protect their environment whilst they pursue increased profitability has been termed

The Triple Bottomline.

It is also referred to by economists as the 3P - People, Planet and Profit.

It speaks to the fact that other than the usual making financial success the sole metric of measurement by which organisations are evaluated, their impact on people and the environment should be considered as well.

In simple terms, a firm should be termed more successful than others if it's activities besides being profitable also impacts positively on people and protects if not improves the environment.

Cheers!

7 0
3 years ago
Which of the following is a potential operating instrument for the central​ bank? A. The M1 money supply B. The monetary base C.
Angelina_Jolie [31]

Answer:

The correct answer is B. The monetary base.

Explanation:

The Monetary Base is made up of all legal money in circulation (that is, bills and coins), added to the reserves of commercial banks in the central bank. In other words, it is the legal money issued by the Central Bank of a country and can be in the hands of the public, or else in the cashier of the different commercial banks that the financial sector of the country. The monetary base is monitored by the central bank and constitutes its main way to control the money supply. Also another way to define the monetary base is that they constitute the monetary liabilities of the central bank.

7 0
3 years ago
Other questions:
  • Smartphones, ipads, and other mobile devices used to watch videos are sometimes referred to as ______.
    7·2 answers
  • On January 1, 2018, Red Inc. issued stock options for 280,000 shares to a division manager. The options have an estimated fair v
    14·1 answer
  • One advantage of nonfinancial measures is that managers directly involved in operations are likely to understand them.-true or f
    10·1 answer
  • A manager is interested in studying if there is a relationship between the gender of the order-taker and the amount of food orde
    12·1 answer
  • When the marketing student said, "It's really hard for me to get to class on time without a car," she was entering which stage o
    15·1 answer
  • Which of the following will not cause demand for apples to increase or decrease? a reduction in the price of apples. a reduction
    13·1 answer
  • 1. Approximately, what is the median wage for a<br> college graduate (all majors)?
    12·1 answer
  • From the following ledger balances, prepare a trial balance for the Whispering Winds Corp. at June 30, 2022. All account balance
    7·1 answer
  • the document that states that the bank will pay a specified sum of money to a beneficiary, normally the exporter, on presentatio
    12·1 answer
  • Over the years, the Securities and Exchange Commission (SEC) has delegated its statutory authority to establish accounting princ
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!