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KonstantinChe [14]
3 years ago
9

The number of days' sales in receivables a.is an estimate of the length of time the receivables have been outstanding. b.is not

used. c.measures the number of times the receivables turn over each year. d.is Average Receivables / Sales.
Business
1 answer:
Nostrana [21]3 years ago
6 0

Answer:

a.is an estimate of the length of time the receivables have been outstanding.

Explanation:

The average collection period can be calculated as follows: 365 days in a year divided by the accounts receivable turnover ratio.

Days sales uncollected = Average Account receivable/Net sales*365

A short collection period means prompt collection and better management of receivables. A longer collection period may negatively affect the short-term debt paying ability of the business in the eyes of management.

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A company produces very unusual CD's for which the variable cost is $ 17 per CD and the fixed costs are $ 30000. They will sell
Alika [10]

Answer:

Explanation:

Let we assume the number of CD produced be X

So, the total cost would be

C = Fixed cost + variable cost × number of CD produced

   = $30,000 + $17X

For total revenue, it would b

R = $63X

For total profit, it would be

P = Selling cost per CD  × number of CD produced - variable cost per CD × number of CD produced - fixed cost

= $63X - $17X - $30,000

= $46X - $30,000

For number of CD, it would be

0 = $46X - $30,000

X = $30,000 ÷ $46

   = 652 CD for break-even

4 0
2 years ago
Identify a few examples of incentives that someone might encounter in his or her daily life. Instructions: In order to receive f
spin [16.1K]

Answer:

  • Receiving five cents for recycling glass bottles
  • Parking fines for illegal parking
  • Tax breaks for 401(k) retirement contributions checked

Explanation:

Recycling is good for the environment and also means companies spending less because they wouldn't have to reproduce the recycle material from scratch. Paying a person money for recycling the glass bottles is an incentive that is meant to encourage them to do it more.

Not all incentives are positive however. Some are negative and aimed at reducing a behavior. Fining people for illegal parking is an example as the logic is that the offending party will think of the fines the next time they want to park illegally and refrain from it.

Offering tax breaks to a person in order to get them to save is an incentive because they are being offered to keep more of their money if they save more.

4 0
3 years ago
what are the intangible property that is protected by law which an enterpreneur should consider when starting up a business​
Amanda [17]

Answer:

Several types of intanigle property, also known as intangible assets, are protected by law. The three main types are: copyrights, patents, and trademarks.

A copyright is a protection of a creative work like a book, a song, or a film

A patent is a legal protection for a scientific or technological invetion.

And a trademark is a protection of a phrase, name, brand, or symbol that identifies a particular company.

8 0
3 years ago
Peter hires Brunhilda to represent him and assist with the sale of his home. They sign a listing contract to memorialize their r
Sunny_sXe [5.5K]

Answer:

c. Express agency

Explanation:

An express agency can be defined as a type of contractual agreement between two (2) parties, which typically involves one party being instructed and authorized to act on behalf of the other person, usually referred to as the principal. Express agency is a fiduciary role.

In this scenario, Peter hires Brunhilda to represent him and assist with the sale of his home. They sign a listing contract to memorialize their relationship. Thus, the type of agency that has been created between Peter and Brunhilda is an express agency.

7 0
2 years ago
One of the keys to gaining self-esteem is to a. Hold yourself to impossible standards b. Focus on the mistakes you make C. Enjoy
Yanka [14]

Answer:

C. Enjoy the small success you achieve

Explanation:

A sure way of boosting self-esteem is to be nice to once self. One should focus on their positive side by appreciating who they are and their success so far. Comparing oneself with others may not achieve the desired results.

Success brings satisfaction and joy to all of us. Focusing on the little success that one has will uplift their spirits and boost self-esteem.

8 0
2 years ago
Read 2 more answers
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