Answer:
A mandatory recursive relationship
Explanation:
Answer:
A) $160,000
Explanation:
To calculate Nichola's accounts receivable at the end of the current business cycle we have to add credit sales during the fifth and sixth months:
accounts receivables = $150,000 + $10,000 = $160,000
The credit sales made during the sixth month should be received during the seventh month and the credit sales made during the fifth month should be paid next year (in 9 months). Since the business cycle is only 6 months long, any credit sale that should be collected beyond the sixth month, should be included under accounts receivables.
You are most likely discussing the general business environment in which your company must operate.
<h2>
What is the general environment in business?</h2>
The diversity of external elements that have an impact on an organization's performance and operation is known as the general environment, or macro-environment. These outside factors can decide whether a company encounters market opportunities or failures.
The overall environment can influence how a firm identifies itself, the products it sells, and how it interacts with other businesses and regulatory bodies. When performing market research and strategic analysis, businesses often consider the overall environment.
<h2>
What are the six elements of the business environment?</h2>
Sometimes, economic and legal aspects are combined to form five major components of the business environment. Political, economic, social, technological, legal, and environmental factors are the six components of the business environment.
<h3>
What is the external business environment?</h3>
- Economic, political and legal, demographic, social, competitive, international, and technological sectors make up the external business environment.
- Managers need to be aware of how the environment is changing and how those changes are affecting the company.
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Answer:
$464,380
Explanation:
The fees billed to customer during the month of the October can be determined using the following formula:
Fees billed to customer=Closing balance of accounts receivables+amount collected from customers-opening balance of accounts receivables
In this question:
closing balance of accounts receivables=$130,050
amount collected from customers=$449,350
opening balance of accounts receivables= $115,020
Fees billed to customers=$130,050+$449,350-$115,020=$464,380
The opportunity cost associated with staying at his current job is $30,000.
<h3>Opportunity cost</h3>
Using this formula
Opportunity cost=Total revenues-Expenses
Where:
Total revenues=$100,000
Expenses=$30,000
Let plug in the formula
Opportunity cost=$100,000-$70,000
Opportunity cost=$30,000
Inconclusion the opportunity cost associated with staying at his current job is $30,000.
Learn more about opportunity cost here: brainly.com/question/481029