Answer:
2 times
Explanation:
The computation of accounts receivable turnover is shown below:-
Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable
where,
Net credit sales is $1,000,000
And, the Average accounts receivable is
= (Accounts receivable, beginning of year + Accounts receivable, end of year) ÷ 2
= ( $700,000 + $300,000) ÷ 2
= $500,000
Accounts receivable turnover = Net sales ÷ Average accounts receivable
= $1,000,000 ÷ $500,000
= 2 times
Answer:
The correct answer is option c.
Explanation:
Forlornistan is experiencing an economic downturn, the GDP has steadily declined, the employment rate is very low and the CPI is falling.
All these characteristics show that the economy is going through economic depression.
Depression refers to the situation in which an economy suffers a downturn in economic activities. It involves decrease in output level, price and employment rate.
Incubators are the centers that offer new businesses in the critical stage of early development low-cost offices with basic services such as accounting, legal advice, and secretarial help.
Business incubators are organizations that offer a range of specialized tools and services to help new and beginning businesses throughout their early stages of growth. The basic objective of a business incubator is to create profitable businesses that can exist alone when the program is over.
Services is a broad phrase that refers to labor that sustains a firm but does not create a physical good. An essential business service that supports several other business services, including procurement, shipping, and banking, is an information technology (IT).
To learn more about services
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Answer:
5341288
Explanation:
Data provided in the question:
Volume of the living quarters = 213 cubic feet
Now,
The dimensions of the US dollar bills are
width = 2.61 inches
Length = 6.14 inches
Thickness = 0.0043 inches
Thus,
Volume of a single dollar bill = 2.61 × 6.14 × 0.0043
= 0.06890922 cubic inches
Also,
Volume of quarter in cubic inches = 213 × 12³
[ ∵ 1 ft = 12 inches ; 1 ft³ = 12³ cubic inches]
Thus,
Volume of quarter in cubic inches = 368064 cubic inches.
Thus,
Number of dollar bills that can fit in there
= [ Volume of quarter in cubic inches ] ÷ Volume of a single dollar bill
= 368064 ÷ 0.06890922
= 5341288.15 ≈ 5341288
Answer:
Productive projects mean people are benefitting from the projects, a counterproductive project would mean resources are being wasted and no one is benefiting. When property rights are well defined and enforced, businesses in a market economy will then have a strong incentive to undertake productive projects.
Explanation:
