Pushes herself and is determined to finish something she started.
Answer:
The answer is 20.55 days
Explanation:
Solution
Given that:
Annual sales =$627,200
Average accounts receivable =$35,300
Now
The accounts turnover ratio (receivable) = Sales/Average accounts receivable
Accounts receivable turnover ratio = $627,200/$35.300
=17.76 times
Thus
Number of days payment receives = 365/ Accounts receivable turnover ratio =365 days/17.76 times
=20.55 days
Therefore The company takes 20.55 days to get payment for its services
Answer: d) obligations arising from past transactions and payable in assets or services in the future.
Explanation:
Liabilities are financial obligations meant to be catered for by an organization in the running of its business.
Answer:
The correct word for the blank space is: market cannibalization.
Explanation:
Market cannibalization refers to the loss of revenues as a result of the introduction of a new product by the same company. The initial purpose of the firm is to spread its market share but the product introduced is so similar or covers the same need than the previous that it ends up replacing it instead of acquiring more consumers.
Market cannibalization also takes place when franchises of the same firm open stores too close to each other than one of them ends up capturing all consumers which replace the first store operating in the area.
Answer:
The correct answer is letter "A": an increase in the price of the firm’s output.
Explanation:
Externalities are costs paid by individuals who are not involved in causing it. The typical example of an externality is a company's pollution. Governments set regulations and penalties to corporations provoking pollution but to mitigate those costs the fined entities rise the price of their products. Thus, eventually, the consumer is the affected of the situation.
However, <em>externalities can be positive. Just like in the example, the green cover of Tampa Power and Light Company benefits Tampa citizens. To incorporate the cost of this benefit will imply rising the price of the firm's output (electricity) so resources can be efficiently allocated.</em>
