Answer:
18 Days
Explanation:
Average collection period denotes the number of days between the day when sales are made and invoice is issued to the day when amounts are received. Average collection period is calculated as follows:
Average collection period = (Average Accounts Receivable balance / Credit Sales) * 365
Average collection period = (20,000 / 400,000) * 365 = 18 days.
Note: Usually companies use 365 days for calculation purposes, however 360 days' year can also be used for calculation purposes.
Answer:
$40,000
Explanation:
Straight line ammortization expense each year = (Cost of the asset - Salvage value) / useful life
$50,000 / 5 = $10,000
Carrying value = Cost of asset - amortization expense = $50,000 - $10,000 = $40,000
I hope my answer helps you
Answer:
Consultation
Explanation:
Consultation is asking someone else to recommend enhancements or help . consultation is the second most basic strategy. People who utilise this strategy regularly were bound to be evaluated exceptionally successful. consultation is best used when others have data and experience you don't and when you are willing and ready to follow up on the thoughts and recommendations of others.
first the controllable risk can be to evaluate the company and overlook the company services and the qualities and insurance
Explanation:
1- Techniques: Corresponds to the skills and knowledge needed to perform business operations
Commercial: These are related to the purchase, sale and exchange process.
Financial: It relates to the demand, analysis of results and management of costs and risks of a company
According to Fayol, there are still 3 more basic functions of a company, which are: security, accounting and administrative, which is related to and integrates the other five functions.
2- The policies and strategies of a company must be related mainly to its essential purpose, described in its mission, vision and values statement.
It is necessary to have a clear and possible strategic business plan, which outlines long-term plans for a company to achieve success in the market.
As a leader, it is necessary to be aware of seeking to develop policies and methods that are aligned with the organizational structure and its values, it is important to seek to create an ethical and respectful work environment for all employees, with a focus on people management and their quality of work. It is ideal to align a policy and work procedures aligned with technology that makes work easier and faster, in addition to always seeking to establish clear and well-developed communication, to create an organizational culture that favors innovation, productivity and positive results in the micro and macroenvironment.