Answer:
The correct answer is 10.9 times.
Explanation:
According to the scenario, computation of the given data are as follow:-
Average account receivable = (Opening account receivable + Closing accounts receivable) ÷ 2
= ($92,000 + $26,000) ÷ 2
= $118,000 ÷ 2
= $59,000
We can calculate the account receivable turnover by using following formula :-
Accounts receivable turnover = Net sales ÷ Average Account receivable
= $643,100 ÷ $59,000
= 10.9 times
The answer is Market share
For example is the search engine product in US' Market.
In US , 60 % of internet users use google , 30 % of internet users use bing ( after it combined with yahoo), and the other 10 % use other search engine( such as Baidu,Naver, Geocities, etc).
From data above, we could conclude that Google has 60 % of market share in search engine product, Bing has 30 % marketshare, etc
Wages would fall as the number of workers available grows. Landowners in Louisiana will earn more rent as the demand for land increases.
<h3>What is the
law of demand and supply?</h3>
The law of supply and demand is still in effect:
Wages: when the amount supplied increases, but the quantity required does not, the price falls.
When the quantity required increases without the quantity supplied increasing, the price rises.
Thus, Wages would fall as the number of workers available grows.
For more details about law of demand, click here:
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Answer: $730.2
Explanation:
Let the total cost of cleaning clothes = X
Other variables include:
Total cost of boxes = $6×120
=$720
Ordering cost =$3
Holding costs = (10/100 ×6)12
=$7.2
Total costs of cleaning clothes =
The cost of boxes+ordering cost+holding cost
=720+3+7.2 = $730.2
Answer:

Explanation:
The current price of the bond can be calculated by using the formula:




