When it comes to saving money, what is a good rule of thumb?
1 answer:
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Answer:
a) loss caused to fisheries by pollution is an externality. B) Graph is attached
Explanation:
a) Externality is the cost benefit or loss to a 3rd party due to any activity that is not under its control. An exampe is pollution. In this scenario, losses to fisheries resulting from pollution by surf factory is an externality over. The pollution created by surfboard factory is not under the control of fisheries.
b) Graph is attached. As the production increases, Marginal Private Cost increases and Marginal Social Benefit decreses. Beyond Q2, Government intervention is requried
Answer:
Indicates how many times the receivables were converted into cash during the year.
Explanation:
Accounts receivables turnover ratio or Debtor Turnover Ratio(DTR) depicts the number of times a business's receivables are converted into cash within a period.
The ratio is computed as follows:
wherein, Average Accounts Receivables =
wherein, Op. = Opening
Cl. = Closing
The ratio depicts how often a firm receives the money due from it's debtors during a period and represents how frequently debtors make payments, represented by average collection period which is computed as follows:
=