Accounts receivable turnover = 10
Annual credit sales = $900,000
Average collection period = ?
Average collection period = 365 / Accounts receivable turnover rate
As Account receivable turnover rate is 10, so we divide 365 by 10
= 365/10 = 36.50 days
it means, 36.50 days is the average collection period.
Answer:
$0.27
Explanation:
Earnings per share is the total earnings attributable to common stockholders divided by the weighted average number of common stock.
total earnings attributable to common stockholders=net income-preferred stock dividends
net income is $151,200
preferred dividends is $13,000
earnings attributable to common stock=$151,200-$13,000=$138,200.00
weighted average number of common stock=(491,000+543,000)/2 = 517,000.00
EPS=$138,200/ 517,000=$ 0.27
I guess the correct answer with this one is File control.
The Firepower Management Center feature that detects and blocks exploits and hack attempts is File control.
Answer
The store is likely to experience the following: the total fixed cost will remain the same, while the unit fixed costs will reduce with increase in sales. The total variable costs will reduce with increase in sales, while the unit variable cost will remain constant despite an increase in sales volume.
Explanation
The total variable costs are those costs that change with rise or fall in output or quantity produced. The total variable cost will increase when the amount of products produced increases. For example, labor, the more the units of the products are produced and sold more labor will be required to produce that effect and this will increase the store’s cost of labor. The total variable costs will rise proportionally with increase in sales volume because it costs more to increase the output.