Answer:
Faldo Corp
Customers are paying late by 6.5 days (51.5 - 45)
Explanation:
DSO = Accounts Receivable/Sales last year * 365 days
= $60,000/$425,000 * 365
= 51.5 days
Customers are paying late by 6.5 days (51.5 - 45)
b) Faldo Corp's Days Sales Outstanding (DSO) is an estimate of the number of days it takes Faldo to collect its outstanding accounts receivable. This means that DSO measures how long it takes Faldo's customers to pay an invoice. Faldo can calculate its DSO by dividing the total accounts receivables of last year by the total credit sales of last year. This is then multiplied by 365 days.
Answer:
b. small percentage changes in the price will lead to much larger percentage changes in the quantity demanded.
Explanation:
Price elasticity of demand is a measure of how responsive is quantity demanded to change in price. Its formula is given by:
= 
= % Change in Quantity Demanded / % Change in Price
So when absolute value is greater than 1, a x percentage change in price will lead to larger than x percentage change in quantity demanded.
<u>Note</u>: Whether the percentage change in quantity demanded will be just a little or very much larger than percentage change in price will depend on how much is larger than 1. But b is the still the best answer among the options.
Yes its true primary research is more expensive tha secondary market research
Answer:
The correct words for the blank spaces are: Emotional Intelligence; Relationship Management.
Explanation:
Emotional Intelligence refers to the ability individuals have to control their emotions in reference to the interactions they have with others. Emotional Intelligence has four (4) factors: <em>Self-Awareness, Self-Management, Social Awareness, </em>and <em>Relationship Management</em>.
Relationship management involves getting along with others, handling conflict effectively, and using sensitivity to manage interactions successfully.
Answer:
$659,277
Explanation:
The computation of the manufacturing labor dollars per year over the three year period of performance is shown below:
For 3 year it is
= 3 × 1,800 hours × $31
= $167,400
For 4.5 years, it is
= 4.5 × 1,800 hours × $31 × 1.025
= $257,377.50
Foe 4 years, it is
= 4 × 1,800 hours × $31 × 1.025 × 1.025
= $254,499.50
So, the manufacturing labor dollars per year is
= $167,400 + $257,377.50 + $254,499.50
= $659,277
