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3 years ago

The accounts receivable turnover is computed by dividing

1 answer:

6 0

Answer: The accounts receivable turnover is computed using the formula below: Net credit sales divided by Average accounts receivable

Explanation: The accounts receivable turnover ratio is a measure used to quantify a company's effectiveness in managing its receivables collections or amount owed by clients. The following steps are involved in calculating the accounts receivables turnover:

Get the accounts receivable at the beginning and end of the desired periods and divide by 2 to get the average, which is the denominator in the formula above.
Then get the net credit sales, which is the total sales revenue done on credit to customers, after backing out customers' returns

High accounts receivable turnover ratio means the company's collection process is highly effective while the low ratio signifies the opposite.

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A bond that has a face value of $150 maturing in one year is available for purchase for $134 . What is the interest rate offered

Norma-Jean [14]

The interest rate offered on the bond is 11.94%.

<h3>What is the interest rate on the bond?</h3>

The interest rate of the bond can be determined by calculating the yield to maturity of the bond. The yield to maturity is the interest rate that equates the price of the bond to the future value of the bond.

The yield to maturity can be determined using a financial calculator:

Cash flow in year 0 = $-134
Cash flow in year 1 = $150

YTM = 11.94%

To learn more about yield to maturity, please check: brainly.com/question/26376004

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2 years ago

2. At a consumer optimum, for all goods purchased, marginal utility per dollar spent is equalized. A high school student is deci

Greeley [361]

Answer:

The high school student should analyze the point at which the marginal cost equals the marginal benefit.

In other words, he or she should see if the increased costs of attending Petesburg University are more or less equal to the increased benefit that is gained from graduating from a more prestigious university.

The student should also analyze the possible opportunity cost in the future. Attending amore renowned college can result in better job prospects than doing otherwise. Higher salaries in the future could be given up if he or she chooses the cheaper option.

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3 years ago

A company issues a ten-year bond at par with a coupon rate of 6.4% paid semi-annually. The YTM at the beginning of the third

sladkih [1.3K]

Answer:

$\mathbf{current \ price \ of \ the \ bond= \$848.78}$

Explanation:

The current price of the bond can be calculated by using the formula:

$current \ price \ of \ the \ bond= ( coupon \times \dfrac{ (1- \dfrac{1}{(1+YTM)^{no \ of \ period }})}{YTM} + \dfrac{Face \ Value }{(1+YTM ) ^{no \ of \ period}}$

$current \ price \ of \ the \ bond= ( \dfrac{0.064 \times \$1000}{2} \times \dfrac{ (1- \dfrac{1}{(1+ \dfrac{0.091}{2})^{8 \times 2}})}{\dfrac{0.091}{2}} + \dfrac{\$1000 }{(1+\dfrac{0.091}{2} ) ^{8 \times 2}})$

$current \ price \ of \ the \ bond= \$32 \times $11.19 + \$490.70$

$current \ price \ of \ the \ bond= \$358.08+ \$490.70$

$\mathbf{current \ price \ of \ the \ bond= \$848.78}$

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3 years ago

there are differences between leasing and buying a car. when you _____, you own the car when you finish paying. purchase a car w

Sedbober [7]

When you buy a car, you own the car when you finish paying. Leasing is when you rent it.

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3 years ago

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An alcohol server must complete an abc approved rbs training program and pass an abc administered exam within ____ calendar days

Virty [35]

An alcohol server must complete an ABC-approved rbs training program and pass an ABC-administered exam within 60 calendar days of employment.

<h3>Who is an Alcoholic Server?</h3>

This refers to the person that pours the alcoholic drink to people that come to bars to buy.

Hence, we can see that based on government regulations, an alcoholic server is mandated to take an ABC-approved exam within the period of 60 days after he has been employed.

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1 year ago