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ANEK [815]
3 years ago
5

If Newton Manufacturers has an accounts receivable turnover of 4.8 times and net sales of $7,812,379, what would its receivables

be?
Business
1 answer:
kompoz [17]3 years ago
4 0

Answer:

$1,627,579

Explanation:

The formula and the computation of the account receivable turnover ratio is presented below:

Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable  

4.8 times = $7,812,379 ÷  Average accounts receivable  

So, the average accounts receivable would be

= $7,812,379 ÷ 4.8 times

= $1,627,579

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What does a computer forensic specialist do?
Feliz [49]

Answer:

a computer forensics specialist is an information technology professional who collects and analyzes data from computers and electronic media to be used as legal evidence in criminal investigations.

Explanation:

3rd sentence

3 0
3 years ago
Which of the following is a low-interest loan funded by the U.S. Department of Education?
ki77a [65]

Which of the following is a low-interest loan funded by the U.S. Department of Education?

A. Stafford

The Stafford Loan is a low-interest loan that is offered by the Department of Education. This loan is given to students in college and allows them to be able to afford college tuition. By giving these low-interest loans to students, they are more likely to attend college then if they were paying out of pocket for schooling.

4 0
4 years ago
Read 2 more answers
The demand and marginal revenue for a perfectly competitive firm are______, whereas the demand and marginal revenue for monopoli
exis [7]

The demand and marginal revenue for a perfectly competitive firm are horizontal , whereas the demand and marginal revenue for monopolists are downward

<h3>What is meant by marginal revenue?</h3>

The increase in revenue that comes from selling one more unit of output is known as marginal revenue. Although marginal revenue can remain constant at a certain level of output, it will eventually start to decline as the output level rises due to the law of diminishing returns. The increased total revenue produced by increasing product sales by one unit is known as marginal revenue and is a key topic in microeconomics.

An individual, group, or business that dominates and controls the market for a particular commodity or service is referred to as a monopolist. Due to the absence of substitute products or services and competition, the monopolist has the ability to command high prices. According to Irving Fisher, a monopoly is a market where there is "no competition," which results in a situation where one person or business is the only supplier of a specific good or service.

Hence, The demand and marginal revenue for a perfectly competitive firm are horizontal , whereas the demand and marginal revenue for monopolists are downward.

To learn more about marginal revenue refer to:

brainly.com/question/13444663

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8 0
2 years ago
Kaman Company purchased a building and land with a fair market value of $450,000 ​(building, $350,000 and​ land, $100,000​) on J
balu736 [363]

Answer:

Journals :

Land $350,000 (debit)

Building $100,000​ (debit)

Mortgage Payable $450,000 (credit)

Explanation:

The Land and Building is Initially measured at cost of acquisition not the fair market value. The cost of Acquisition in this case is the Present Value of the Mortgage Payable used to obtain the Property.

Step 1

Use the Time Value of Money Techniques to find the  Present Value of the Mortgage.

Calculation of Present Value of the Mortgage

N = 20 × 12 = 240

P/YR = 12

PMT = - $3,488.85

I = 7 %

FV = $ 0

PV = ?

Using a Financial Calculator to Input the Values as above, the  Present Value of the Mortgage will be $450,000.

Step 2

When Recording, apportion the Land and Building costs using their fair market value.

Land $350,000 (debit)

Building $100,000​ (debit)

Mortgage Payable $450,000 (credit)

7 0
3 years ago
Keynes argued that a. monopolistic elements in the economy will prevent an immediate sharp fall in prices as a result of decreas
Scorpion4ik [409]

Answer:

a. monopolistic elements in the economy will prevent an immediate sharp fall in prices as a result of decreasing demand

Explanation:

When there is recession the price of the factor goes down and with that, the insufficient demand for a certain good or services is eliminated. The reasoning is that the decrease in prices stimulates demand and adjust the market.

Keynes among other economist consider that unemployment increase during recessions because the nominal wages rate do not fall. As the union and worker do not want to see their wage decrease. Same is applied to prices which makes then inflexible in a downward direction.

While "supply creates its own demand" is "Says's Law" which is rejected in keynes main book "The general theory"

Hece option A is the only one which is true

6 0
3 years ago
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