Answer:
2 times
Explanation:
The computation of accounts receivable turnover is shown below:-
Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable
where,
Net credit sales is $1,000,000
And, the Average accounts receivable is
= (Accounts receivable, beginning of year + Accounts receivable, end of year) ÷ 2
= ( $700,000 + $300,000) ÷ 2
= $500,000
Accounts receivable turnover = Net sales ÷ Average accounts receivable
= $1,000,000 ÷ $500,000
= 2 times
Answer:
Productive (technical) inefficiency.
Explanation:
A market failure can be defined as a situation in which the market fails to produce an efficient level of productivity or output that is required to meet consumer demand.
This ultimately implies that, a market failure arises when there is inefficiency in the distribution or allocation of goods and services in a free market.
In Economics, there are two types of inefficiency associated with the production of goods and services, these includes;
1. Allocative inefficiency: it occurs when businesses do not maximise output from the given inputs. Thus, it arises when businesses fail to increase the level of their production or productivity from a number of given inputs.
In conclusion, allocative inefficiency typically occurs when the price of a good or service isn't equal to its marginal cost i.e P ≠ MC.
2. Productive (technical) inefficiency: it occurs when businesses produce goods and services that consumers do not want. This is typically as a result of the incorrect and inefficient allocation of scarce resources by a business firm or entity.
You cant put videos on this app
Answer:
options (b),(c) and (e).
Explanation:
Okay let us take the options one after the other;
(a). People in Oregon send money to help cyclone victims in Bangladesh: this is WRONG because the question asked us to identify an INCOME-BASED payment and it is not.
(b). A resident of Maryland buys a car produced by Toyota in Japan: this is CORRECT. The person making the payment is a US resident making payment to a Japanese firm.
(c). Apple corporation pays a stock dividend to a resident of India: This is also CORRECT because Apple is a US based company making payment to Indian(a foreigner).
(d). A foreign exchange student from Paris comma France comma sends wine and cheese to her host family in Columbus comma Ohio : this WRONG because the student is also a foreigner.
(e). Orange Telecom comma a French company comma pays a stock dividend to a resident of Kansas City: this is CORRECT. Orange Telecom is a France company paying income to a foreigner (a U.S resident).
Answer:
b
Explanation:
ebbbbdbjdbvbksb jbejbkgbksn
