Answer:
Total Net Sales = $1475000
Explanation:
Average Accounts Receivables = (250000 + 300000) / 2
Average Accounts Receivables = 275000
Accounts Receivables Turnover = Credit sales / Average Accounts Receivables
So,
5 = Credit Sales / 275000
5 * 275000 = Credit Sales
Credit Sales = $1375000
Total Sales = Credit Sales + Cash Sales
Total Sales = 1375000 + 100000 = $1475000
Answer:
b. Public Goods
Explanation:
Public Goods -
It is the type of goods and services , which each and every person can use , without any kind of restriction , is known as public goods .
These type of goods are considered to be non - rivalrous , i.e. , these goods do not reduce , irrespective of their usage .
And ,
are non - excludable , i.e. , these goods are open for all and some individual or group van not hold on to it .
The example of public goods are - public parks , sewer system , law enforcement etc .
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