Answer:
a.is an estimate of the length of time the receivables have been outstanding.
Explanation:
The average collection period can be calculated as follows: 365 days in a year divided by the accounts receivable turnover ratio.
Days sales uncollected = Average Account receivable/Net sales*365
A short collection period means prompt collection and better management of receivables. A longer collection period may negatively affect the short-term debt paying ability of the business in the eyes of management.
Answer:
So you can be prepared to handle future responsibilities about finances.
Explanation:
One prime example would be when you go to college you need to make decisions whether to keep the money or give it away for some fragile reasons/needs. Maintaining a checking account instills the habit to grow & safeguard the savings you might make working after school. Just my two cents! :)
Answer:
$48.40
Explanation:
Yield = 6%
Rate = Yield/2 = 6%/2 = 3%
YTM = 9
Nper = YTM*2 = 9*2 = 18
Face value = $1,000
Price(PV) = $920
Monthly payment = PMT(0.03, 18, -920, 1000)
Monthly payment = $24.1833
Coupon rate = (PMT/Face value) * 2
Coupon rate = (24.1833/1000) * 2
Coupon rate = 0.0241833 * 2
Coupon rate = 0.0483666
Coupon rate = 4.84%
Annual coupon payment = Face value * Coupon rate
Annual coupon payment = $1000 * 4.84%
Annual coupon payment = $48.40
If I had written your question in English, I could have helped you
A scatter plot is a type of graph in which use Cartesian coordinates to display values of typically two variable set of data and use it in the graph. It also reflect the relationship between two variables and how each other affects each other. And i think the best answer to your choices is letter C.
