Answer:
The correct answer is 40.6 days. None of the options is correct.
Explanation:
The average collection period of the accounts receivable is how long it takes the company to collect its accounts receivable. It is expressed as: (Average accounts receivable / Net credit sales) x 365 days.
Average collection period = [($760,000 + $840,000)/2 / $7,200,000] x 365 days = 40.6 days
This means it takes the company 40.6 days to collect its accounts receivable.
Answer:
True
Explanation:
A free trade agreement consists of deliberate actions by countries to increase the volume of trade between them by reducing trade barriers. A trade agreement entails a reduction or elimination of tariffs and other economic collaboration the encourage cross border trade.
A free trade agreement gives rise to a free trade zone. Goods and services move a lot freely in a free trade zone. There is an increased movement of capital and other factors of production between the two countries.
Answer:
fall & $0.5 billion
Explanation:
Base on the scenario been described in the question, we can see that for each one percentage point increase in the interest rate, the level of spending investment is declining by $0.5 billion. For this reason it will make the investment spending to fall by $0.5 billion when the interest rate changes as we have seen in the first interest rate calculated.
Answer:
Economic profit will be $40
So option (d) will be correct option
Explanation:
We have given number of units produced = 20 units
Price of per unit = $10 per unit
So revenue = 20×$10 = $200
Revenue :20 units * $10 = 200
Fixed cost is given $100
Variable cost: 20 units ×$3 = 60
So total cost= Fixed cost + Variable cost = 100 + 60 =$160
So economic profit = Revenue - Total cost = 200 - 160 = $40
So option (d) will be correct answer
Answer:
The RB37 is most likely in the decline stage of the product life cycle
Explanation:
The decline stage of the product life cycle is associated with decreasing revenue due to market saturation, high competition, and changing customer needs. Companies at this stage have several options: They can choose to discontinue the product, sell the manufacturing rights to another business that can better compete or maintain the product by adding new features, finding new uses for the product, or tap into new markets through exporting. This is the stage where packaging will often announce “new and improved.”
