Answer:
1. Accounts Receivables Turnover Ratio = Net Credit Sales/Average Accounts Receivables = 400,000 / (51000 + 61000)/2
= 400,000/56,000
= 7.1 times
Inventory Turnover Ratio = Cost of Goods Sold/Average Inventory = (Sales-Gross Profit)/Average Inventory = (400,000 - 35% * 400,000) / (67000 + 46000)/2
=400,000 - 140,000 / 56,500
= 260,000 / 56,500
= 4.6 times
2. Average Days to Collect Receivables = 365/7.1 = 51.40 or 52 days
Average Days to Collect Inventory = 365/4.6 = 79.34 days
So you know how to get the most profit from sales
<span>In your career and personal life, you are going to be around both sets of people: people who believe in you and those who don’t. What’s so striking is just how much harm the people who don’t believe in you can do and how much good the people who do believe in you can do. I would like you to think back on your life and the people who have believed in you and what you could accomplish. What did this do for your self esteem? How did this make you feel? </span>
Answer:
Five factors that might demand a particular job receive a higher wage than other jobs and the importance of these factors should be considered while setting the job wages are described below in details.
Explanation:
1. Increased skill collection that improves business profitability
2. Increased knowledge that improves business profitability
3. If you have a good history. If you barter yourself properly, then you can demand.
4. If the business is limited for the business, they will definitely look for unique professional people and pay them well.
5. If the work is pivotal or important to the corporation. There are duties that are born important, also it depends on the character of the corporation.
A value web is a collection of independent firms that use information technology to coordinate their value chains to collectively produce a product or service for a market. A value web is a group of separate businesses that work together to coordinate their value chains through information technology in order to generate goods or services for a market.
Compared to the conventional value chain, it is less linear and more customer-driven. Value chain analysis is a technique for assessing each activity in a market value chain to identify areas for improvement. You are prompted to think about how each phase adds or subtracts value.
To learn more about Value chain, click here.
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