Answer:
C) Its main emphasis is on maximizing the value of the business for successors.
Explanation:
When an entrepreneur wants to sell his business to another small business or a larger company, they should try to maximize the value of their current business since the entrepreneur will be able to sell it at a higher cost and the new owner will have a healthier and potentially more profitable business to run.
<span>Joe is a life insurance policyowner who has failed to pay interest on his policy loan. What will result from this nonpayment? Joe's payment will go up to reflect the added amount from interest he did not pay previously. Just like a credit card, loans often collect interest and the </span>interest is deemed to be paid on time. When it is not paid it is tacked on to yet another bill causing the principle payment to rise.
Answer: pull marketing strategy
Explanation: In simple words, pull marketing strategy refers to the strategy in which the producer tries to create demand for the product by using promotional tools. Under this strategy, the firm focus to make customer seek a product unlike push strategy in which the firm focuses on pushing the product to people.
In the given case, WEE be is using TV medium to promote its product hence they are using pull marketing strategy.
The type of bond which investors would buy that they may choose to exchange their bond for shares of common stock in the company is known as convertible bonds.
<h3>What is a Bond?</h3>
This refers to the fixed income investment which is used to show that a loan is taken by either an individual or corporation.
With this in mind, if an investor wants to later exchange their bond for shares of common stock in the company, then they would have to buy convertible bonds,
Read more about convertible bonds here:
brainly.com/question/9817093
Answer:
Explanation:
Given:
Net sales: $20.0 billion.
Accounts receivable:
- The beginning of the year: $2.7 billion
- The end of the year $2.8 billion
a. Compute 3M's account receivable turnover.
We need to find the average account receivable:
= (the beginning account receivable + the ending account receivable) / 2
= ($2.7 billion + $2.8 billion) / 2
= $5.5 billion / 2
= $2.74 billion
- Accounts Receivable turnover ratio:
= Net annual credit sale ÷ Average accounts receivable
= $20.0 billion: $2.74 billion
= 7.3 time.
- 3M's average collection period for accounts receivable in days
= 365/Accounts Receivable turnover ratio:
= 365/7.3
= 50 days.
