Answer:
Collecting accounts receivable faster
Explanation:
Operating cycle states that the period of time between purchase of inventory and the group of receivable cash. The operating cycle depends on the period of the inventory and the period of receivables for the accounts. Here if the operating cycle is rising that the inventory duration and the receivable period of accounts also increase. Increasing periods of inventories and receivables will lead to a long operating cycle.
Thus, If the receivables for the accounts are obtained at a faster pace, the operating period will decrease.
The mission statement could have focused on affordable furniture (product-oriented), but instead, it focuses on making life better for its customers. this example shows that market-oriented firms shape their mission statement in terms of customer benefits
<h3>What is Marketing?</h3>
This refers to the creation of awareness for a product to a customer base to drive them to buy.
Hence, we can see that The mission statement could have focused on affordable furniture (product-oriented), but instead, it focuses on making life better for its customers. this example shows that market-oriented firms shape their mission statement in terms of customer benefits
Read more about marketing here:
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Answer:
The goal of storage is to keep them in a dormant state. Once harvested some fruits do not ripen, while others will continue to ripen after harvest because they naturally produce a gas called ethylene.
Answer:
ANSWER = LOWER OF ABOVE ( i.e. POINT 1 AND 4) = $30,000
Explanation:
1) WE ASSUME THAT SUZANNE'S BUSINESS INCOME IS SAME AS QUALIFIED BUSINESS INCOME (QBI) i.e.$150,000.
CALCULATION OF QBI DEDUCTION:-
1) 20% OF QBI (OR TAXABLE INCOME IF LOWER) = $30,000
{$150000*20% = $30,000)
2)50% OF WAGES ($90,000 * 50%) = $45,000
3) 25% OF WAGES + 2.5% OF ASSETS = $22,500
4) GREATER OF POINT 2 AND 3 = $45,000
ANSWER = LOWER OF ABOVE ( i.e. POINT 1 AND 4) = $30,000
