Answer: Option C
Explanation:
A. In the above case the statement stating superiority of cookware is stated by the experts themselves thus it cannot be considered an assumption.
B. The above case clearly states that the magazine generates revenues from advertising thus it is not an assumption made, actually its a fact stated in the case that magazine will do so.
C. Nothing has been stats about the perspective of the cookware company as they might find the magazine unsuitable as there would be commercials for their competitors. Thus, we can say that it is an assumption.
Answer:
Receivables turnover= Sales/ Accounts Receivables
Receivables turnover= $9,358,610 / $442,016
Receivables turnover= 21.173 times
Days' sales in receivables= 365 days/ Receivables turnover
Days' sales in receivables= 365 days/ 21.173 times
Days' sales in receivables= 17.239 days
Average collection period= Days' sales in receivables = 17.239 days
MODERN FAMILY is a nuclear family that emerged in response to the requirements of an urban
Answer:
The correct answer is
D. -2 percent, which is the nominal interest rate minus the inflation rate.
The real interest rate equals D. the nominal interest rate minus the inflation rate.
Explanation:
The real interest rate formula is
<u>Real interest rate =Nominal interest rate - Inflation rate
</u>
Inflation rate=6 %
Nominal interest rate = 4%
Real rate of return =4% - 6 %
Real rate of return = -2%
D. -2 percent, which is the nominal interest rate minus the inflation rate.
