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il63 [147K]
3 years ago
14

The accounts receivable turnover is computed by dividing

Business
1 answer:
Vika [28.1K]3 years ago
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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quiclet assume a country is running a trade deficit. According to economic theory how would a depreciation of that country's cur
yaroslaw [1]

When the local currency falls in value, imports become more expensive, causing locals to purchase fewer imported goods. Exports, on the other hand, are less expensive to international buyers, so their demand rises. Fewer imports and more exports will reduce the trade deficit and may even result in a surplus.

<h3>What is trade deficit?</h3>

The difference in the monetary value of a country's exports and imports over a given time period is known as the balance of trade, commercial balance, or net exports. A distinction is sometimes made between a trade balance for goods and one for services.

The net-export effect works as follows: A higher price level raises the relative cost of domestic exports to other countries while lowering the relative cost of foreign imports from other countries. As a result, exports fall while imports rise, resulting in a drop in net exports.

The net export variable is critical in calculating a country's GDP. A trade surplus boosts the country's GDP.

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7 0
2 years ago
WHAT IF THE FACTS WERE DIFFERENT? Assume that McDonald's had a pattern of accepting late payments and there was no agreement, "t
OLEGan [10]

Answer:

1. Could C.B. Management, Inc., prevail on its claim?

  • probably it could since it was a common practice for McDonald's

2. C.B. Management, Inc. would be more likely to prevail if it could show that McDonald's terminated the franchise.

  • arbitrarily, since it accepted other late payments from other franchisees.

Explanation:

In the original question, C.B. Management had a franchise contract with McDonald's but it continuously paid their franchise fees late. At the beginning McDonld's accepted the late fees but then it decided it wouldn't accept them anymore. Since late fees represented a breach of the franchise contract, McDonald's decided to terminate its contract with C.B. Management. In the first scenario, McDonald's was entitled to terminate the contract due to C.B. Management's continuous breaches.

What changes here, is that McDonald's generally accepts late payments from other franchisees and there acceptance of prior late fees meant that the original contract clause was invalid.

3 0
3 years ago
A firm achieves differentiation parity ideally when
Alina [70]
A firm achieves differentiation parity ideally when it sells its products or services at a higher price than its competitors.  

The idea of parity is that a company sells its products at a higher cost than competitors even though the product or service isn't unique. Differentiation is when one companies products compete and are better than another with the same product. 
3 0
3 years ago
The Nuclear Regulatory Commission helps oversee legislation of
bekas [8.4K]

Answer: Option C.

Explanation:

The Nuclear Regulatory Commission assists in monitoring environmental law legislation. Commercial nuclear power plants and other nuclear material uses are governed by the Nuclear Regulatory Commission. The United States government's Nuclear Regulatory Commission (NRC) is an independent body.

Originating from the United States Atomic Energy Commission, it is the United State government agency responsible for regulating radioactive material. The Regulatory Authority over the use of ionizing radiation in Industry is shared among several Federal, State, and local government agencies.

Nuclear Regulatory Commission (NRC) has regulatory authority over the use of byproduct material in the industry. NRC's regulatory mission covers these three main areas. They are Reactors, Materials, and Waste.

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4 0
1 year ago
A health club has 3 employees who work on lead generation. Each employee contacts leads 20 hours a week and is paid $24 per hour
igomit [66]

Answer:

0.64 fees generated per dollar of input

Explanation:

Fees generated per week = Average number of leads * Leads % conversion to members * One time fee per lead

Fees generated per week = 210 * 8% * $100

Fees generated per week = $1,680

Overhead cost = $1,000 per week

Material cost = $180 per week

Labor cost = Number of employees * Hours per week * Wage per hour = 3 * 20 * $24 = $1,440

Multifactor productivity = Fees generated per week/(Overhead cost + Material cost + Labor cost)

Multifactor productivity = $1,680 / ($1,000 + $180 + $1,440)

Multifactor productivity = $1,680 / $2,620

Multifactor productivity = 0.6412214

Multifactor productivity = 0.64 fees generated per dollar of input

5 0
3 years ago
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