Answer:
D) It invests heavily in advertising and brand building.
Explanation:
One of the greatest step to take in establishing a strong presence in the market place is putting in great efforts towards innovative advertising and ensuring one's brand is built strong, that way, there is established trust and consumers will stay faithful to your brand.
I believe the answer is: True
For example, every individuals are subjected to the risk of experiencing some sort of health problems, that might cost us a lot of money.
When a person bought a health insurance that person would transfer the financial risk that might occurs because of their health condition to the insurance company. So when that person need treatments, the insurance company would cover the cost.
Answer:
6 times
Explanation:
The formula and the computation of the receivables turnover ratio is shown below:
Account receivable turnover ratio = (Credit sales) ÷ (Average accounts receivable balance)
= ($1,500,000) ÷ ($250,000)
= 6 times
We simply divided the credit sales by the average account receivable balance so that the receivables turnover ratio could arrive
