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Lena [83]
3 years ago
5

Noble Company’s accounts receivable turnover was 18.2 in Year 1 and 24.6 in Year 2. This change in accounts receivable turnover

indicates that the
A. company isn’t selling its inventory as fast.


B. company is selling its inventory faster.


C. company’s customers are paying faster.


D. company’s customers are paying slower.
Business
2 answers:
Vsevolod [243]3 years ago
8 0
Suppose the sales increased by 50% in year 2 then it would be normal if the account receivable increased by 35%. However, I need to see the company accounts to understand what is going on. If the turnover is still the same then we can say that clients are paying slower.
victus00 [196]3 years ago
5 0
B. the company is selling  its inventory faster.<span />
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<u>Explanation:</u>

Given

Consumption = (10 x 30) = 300

Investment = (100 x 2) = 200

Government Spending = (500 x 1) =500

13. Total GDP for this economy = Consumption + Investment+ Government spending

=(10 x 30) + (100 x 2) + (500 x 1)

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14. Consumption % on GDP

= Consumption/ Total GDP x 100

=(300/1000) x 100

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15. Investment % in GDP

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16. Government spending % on GDP

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Answer:

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Explanation:

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kow [346]

Answer:

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8 0
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The market value of Firm L's debt is $200,000 and its yield is 9%. The firm's equity has a market value of $300,000, its earning
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Answer:

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Explanation:

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