Answer:
Vici's receivables turnover ratio for the year is 2,5
Explanation:
We can calculate the Accounts receivable turnover by dividing net credit sales by the average accounts receivable for that period.
Accounts receivable turnover= net credit sales /average accounts receivable
In this case ,
<u>Net credit sales</u>= 70% of total sales= 70% $1,000,000= 700,000
To get average accounts receivable, add the value of accounts receivable at the beginning to the value at the end of the period and divide the sum by two
Average accounts receivable= ($220,000+$340,000)/2
<u>Average accounts receivable= $280,000</u>
Then,
Accounts receivable turnover= 700,000/$280,000=2,5
Answer:
The correct answer is letter "A": They provide the receiver with greater information.
Explanation:
Concrete expressions are <em>objective </em>statements that provide data about real facts in statistics or by following a pattern that allows the audience to understand the situation. In contrast to <em>abstract expressions</em>, concrete expressions do not use biased points of view of the topic in reference allowing the audience to obtain more relevant information about it.
<span>Annual = Years = 6.64; Actually 7 years
Monthly = Years = 6.33; 6 Years, 4 months
Daily = Years = 6.30; 6 Years, 111 days
Continuously = 6.30; 6 Years, 110 days
The formula for compound interest is
FV = P*(1 + R/n)^(nt)
where
FV = Future Value
P = Principle
R = Annual interest rate
n = number of periods per year
t = number of years
For this problem, we can ignore p and concentrate on the (1+R/n)^(nt) term, looking for where it becomes 2. So let's use this simplified formula:
2 = (1 + R/n)^(nt)
With R, n, and t having the same meaning as in the original formula.
For for the case of compounding annually
2 = (1 + R/n)^(nt)
2 = (1 + 0.11/1)^(1t)
2 = (1.11)^t
The above equation is effectively asking for the logarithm of 2 using a base of 1.11. To do this take the log of 2 and divide by the log of 1.11. So
log(2) / log(1.11) = 0.301029996 / 0.045322979 = 6.641884618
This explanation of creating logarithms to arbitrary bases will not be repeated for the other problems.
The value of 6.641884618 indicates that many periods is needed. 6 is too low giving an increase of
1.11^6 =1.870414552
and 7 is too high, giving an increase of 1.11^7 = 2.076160153
But for the purpose of this problem, I'll say you double your money after 7 years.
For compounding monthly:
2 = (1 + R/n)^(nt)
2 = (1 + 0.11/12)^(12t)
2 = (1 + 0.009166667)^(12t)
2 = 1.009166667^(12t)
log(2)/log(1.009166667) = 0.301029996 / 0.003962897 = 75.96210258
And since the logarithm is actually 12*t, divide by 12
75.96210258 / 12 = 6.330175215
Which is 6 years and 4 months.
For compounding daily:
2 = (1 + 0.11/365)^(365t)
2 = (1 + 0.00030137)^(365t)
2 = 1.00030137^(365t)
log(2)/log(1.00030137) = 0.301029996 / 0.000130864 = 2300.334928
2300.334928 / 365 = 6.302287474
Continuously:
For continuous compounding, there's a bit of calculus required and the final formula is
FV = Pe^(rt)
where
FV = Future value
P = Principle
e = mathematical constant e. Approximately 2.718281828
r = Interest rate
t = time in years
Just as before, we'll simplify the formula and use
2 = e^(rt)
Since we have the function ln(x) which is the natural log of x, I won't bother doing log conversions.
rt = ln(2)
0.11 * t = 0.693147181
t = 0.693147181 / 0.11
t = 6.301338005</span>
Answer:
a.
Explanation:
The definition of Semi-Globalization is:
<em>Semi-globalization covers the range of situations in which neither the barriers nor the links among markets in different countries can be neglected.</em>
Now let's analize the statements.
a- True, It is more complex than total isolation and total globalization, as those barriers can't be taken off the equation.
b. It is not used for assessing and classifying risks.
c. No, that would be isolation. In here we are talking about an incomplete cross-border integration.
d. It is not one-directional. The borders and links are multi-directional.
Answer:
bias is leaning toward a certain perspective for certain reasons other than logic like your own opinion. for example, a news reporter could report negatively about something because he/she is against it even tho it benefits the majority
