Answer:
The accounts receivable turnover is computed by dividing <u>net sales by average net receivables.</u>
Explanation:
The accounts receivable turnover is used to quantify a company's effectiveness in collecting its receivables from its clients.
Accounts Receivable Turnover = Net Credit Sales / Average Accounts Receivable
A high receivables turnover ratio can indicate that a company’s collection of accounts receivable is efficient and a low receivables turnover ratio might be due to a company having a poor collection process.
Oligopoly is a form of firm syndicate that consist of traders that has same product and try to gain more profit by collaborating to each other.
<h2>Further
Explanation:</h2>
There are couple of types of market
- Perfect competition
- Oligopoly
- Monopoly
<h2>Learn more </h2>
Answer:
The answer is C
Explanation:
we are given that a company starts with 900 units which are 35% complete that means during the production period they are completed, then we are further told that 5000 units are started and completed therefore we add the 900 units we started with with the 5000 units that are started and completed during the period then we are told that at the end of the process 800 units are still in process and 25% completed there fore we add the 25% of 800 units to the 5900 units that are completed therefore we calculate the equivalent units produced by the department as follows:
900 units + 5000 units + 800 units x 25% = 6100 units that are completed on a weighted average method.
Answer:
B Cost of ingredients for cupcakes rises.
Explanation:
Answer:
The main conflict that results between planning and control use of budgets is that managers might place their own personal interests before the interests of the company. This might result in budgets that are easily achievable (resulting in bonuses) or shifting income from one period to another in order to achieve certain budgets that will result in bonuses.
I will use a real life example that happened to me to explain this. I worked as a B2B sales representative for a large corporation (we were only 2 B2B salespeople + 1 manager) and when sales were slowing down, upper management would set up bonuses for achieving certain sales goals. The problem was that intentionally certain large sales that required management's approval were delayed and total sales would fall. Then suddenly the bonus show sup and all the large sales were approved and in two weeks the sales goals were achieved. Since B2B sales are not about selling to a lot of customers, but instead selling to the right customers a lot of products, a couple of delayed big sales made a huge difference and a 1% bonus meant changing your old car for a new one.
