Answer:
Explanation:
Using or applying a Net 30 payment terms, having an average collection time of 75 days with the customers, Hanson's furniture store, are to either reduce their store credit option, so as to encourage let's say within 45% of their store credit customers to be able to pay upon receipt, or reduce their operating period. Which is the best option for the store to maintain minimum cash balance.
The information will be easier to organize and interpret if Quincy uses Transitional Matrix.
<h3>What is the Transitional Matrix ?</h3>
Transitional matrix a chart that lists job categories held in one period and shows proportion of employees in each of those job categories in a future period. Its Allows the organization to plan how to address these challenges.
<h3>What is the Transitional Matrix in HR ?</h3>
A transition matrix, or Markov matrix, can be used to model the internal flow of human resources. These matrices simply show as probabilities the average rate of historical movement from one job to another. To determine the probabilities of job incumbents remaining in their jobs for the forecasting period.
Learn more about Transitional Matrix on:
brainly.com/question/27985169
#SPJ4
Answer:
Examples of human capital include communication skills, education, technical skills, creativity, experience, problem-solving skills, mental health, and personal resilience.
Pa Brainliest po..
Answer:
The Kreidler Kids company has a producer surplus of $500.
Explanation:
Producer surplus can be described or calculated as the amount a producer is willing to supply or sell goods and the actual amount the supplier received.
For this question, the producer surplus can therefore be calculated as follows:
The amount Kreidler Kids company can produce swing sets = $1,000
The amount paid by Kendra for the the swing set = $1,500
Producer surplus = The amount paid by Kendra for the the swing set - The amount Kreidler Kids company can produce swing sets = $1,500 - $1,000 = $500
Therfore, the Kreidler Kids company has a producer surplus of $500.
The highest daily fee to eliminate collection float is $551 (approx). According to the given information, the highest daily fee that should be paid to eliminate the collection float is $550.82 which is approx $551.
<h3>What is a Collection Float?</h3>
Collection Float refers to an asset that is currently in a state of transition. It is used in two contexts:
- Concerning the Bank Deposits
Given,
Average Daily Receipt = $26,482
Average clearing days = 1.3 days
Daily Interest Rate = 0.016%
Required to Calculate = Highest daily fee to eliminate collection float
Calculation,
Highest daily fee collection float = Average daily receipt x Average clearing days x daily interest rate.
= $26,482 x 1.3 x 0.016%
Highest daily fee to eliminate collection float = $550.8 which is $551 (approx).
Thus, According to the given information, the highest daily fee that should be paid to eliminate the collection float is $550.82 which is approx $551.
Learn more about Collection Float here:
brainly.com/question/14253771?referrer=searchResults
#SPJ1
