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Maksim231197 [3]
3 years ago
6

If a firm sells on terms of 2/10, net 30 days, and its DSO is 28 days, then the fact that the 28-day DSO is less than the 30-day

credit period tell us that the credit department is functioning efficiently and there are no past due accounts. True False
Business
1 answer:
mart [117]3 years ago
7 0

Answer:

False

Explanation:

If a firm sells on terms of 2/10, net 30 days, and its DSO is 28 days, then the fact that the 28-day DSO is less than the 30-day credit period tell us that the credit department is functioning efficiently and there are no past due accounts. This is a false statement.

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Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.
kherson [118]

Answer:

Loss

Explanation:

Because she started with 860.00 then ended with 300

4 0
3 years ago
Why is it important for insurance companies to have a large pool of people paying premiums?
Sloan [31]

Answer:

The premium payments of all the insured clients will cover the costs for the emergencies of the few who need it. The more people that pay premiums, the less likely each insured client will experience an emergency.

7 0
2 years ago
Hewlett-packard is currently exploring new products and markets through the development of digital imaging products in its plant
postnew [5]
The answer is; hewlett-packard can establish creative work environments across all of its plants around the world.
<span>Hewlett-packard is multinational information technology company based in America.
</span>An innovative or creative workplace is a work environment culture in which specialists see that new thoughts are invited, esteemed, and energized and it is a critical precondition for investigating new items and markets.
6 0
3 years ago
Human capital refers to:
Digiron [165]

Answer:

C. the skills and knowledge that enable a worker to be productive.

Explanation:

'Human Capital' is the stock of knowledge & skills embodied in people, enabling them to perform labour of economic value. It is considered as 'capital' because skills & knowledge development to become more productive yields better income & standard of living.

Human Capital formation i.e knowledge, skills & productivity enhancement has two crucial components : Education and Health.

Options A, B, D are inapt because : Human Capital is not 'physical capital', 'financial wealth', 'machinery' ; but is rather immaterial knowledge & skill set in people.

4 0
2 years ago
Use the following selected 2016 balance sheet and income statement information for Home Garden Supply Co. (in millions) to compu
Anna71 [15]

Answer:

C.51.63%

Explanation:

Gross profit percentage = Gross profit/ Net sales ×100

Gross profit $700,400

Net sales $1,356,504

Hence ;

$700,400/$1,356,504 ×100

=51.63%

Therefore the gross profit percentage is

51.63%

8 0
3 years ago
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