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MissTica
3 years ago
6

Rock Solid Concrete Company does not offer customers a cash discount for early payment of their accounts receivable. As a result

, most customers wait to pay their bills on the last day before late penalties are charged. These customers apparently understand the
a. government's regulations of the chemical industry.

b. financial community's perception of equity financing.

c. benefits of tax-deductible expenses.

d. time value of money.
Business
1 answer:
Alex73 [517]3 years ago
7 0

Answer:

The correct answer is the option D: Time value of money.

Explanation:

To begin with, due to the fact that Rock Solid Concrete Company does not offer customers a cash discount for early payment then it is quite obvious that their customers will try to wait to pay their bills on the last day because in that way they will be able of having that money availabe for any issues or inconveniences that could occur during those first days, therefore that those customers apparently <u>understand the importance of time value of the money because if the pay early they will lose that cash and would not have it for any urgencies</u>.

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7nadin3 [17]

Answer:

A. bill of lading

Explanation:

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So as per the given situation since it is mentioned in the question that for shipping documents the sales invoice should be supported by the bill of lading

hence, the same is to be considered

8 0
3 years ago
Plan production for a four-month period: February through May. For February and March, you should produce to exact demand foreca
Alex73 [517]

Answer:

The optimal production plan gives a total costs of $417,672 for the periods Feb to May

In Feb we will have to hire 26 workers to close the gap between demand and production from our 100 existing workers

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5,000 overtime hours in April is the best option .

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The 3 pages attached show how the cost is worked out and the presentation as well.

3 0
3 years ago
Give the meaning and nature of Foreign direct Investmen.​
Inessa [10]

Answer:

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6 0
3 years ago
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Gnom [1K]

Answer:

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