Answer:
Avon Products Inc.
All Amounts in $ million
Gross Trade Accounts Receivable at the end of the year are $ 443 million + $ 86.7 million = $ 529.7 million
The amount of Bad Debts provided for the year is $ 144.1 million.
The amount of bad debts written off during the year is $ 160.2 million.
The amount of cash collected from the Customers
Opening Gross Accounts Receivable = $ 622.50 million
Sales for the year 2015 = $ 6,076.50 million
Closing Gross Accounts Receivable = $ 529.70 million
Net Collections from Customers = $ 6,169.30 million
Answer:
to be honest I'm not sure
Commission simply means a form of variable-pay remuneration for services that are rendered or products sold.
<h3>What is commission?</h3>
Your information is incomplete. Therefore, an overview will be given. A commission is a payment that an employee makes based on a sale.
For example, when an employee sells a product for $500 and they get a 10% commission on all sales, then the employee will earn $50 on that sale.
Learn more about commissions on:
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Answer:
Bond; treasury; degree of risk.
Explanation:
A bond can be defined as a debt or fixed investment security, in which a bondholder (investor or creditor) loans an amount of money to the bond issuer (government or corporations) for a specific period of time. The bond issuer are expected to return the principal (face value) at maturity with an agreed upon interest (coupon), which are paid at fixed intervals.
A bond is a long-term contract under which a borrower agrees to make payments of interest and principal on specific dates. There are four main types reflecting who the issuers are: treasury, corporate, state and local government, and foreign. Each type differs with respect to degree of risk and expected return. All have some common characteristics even though they may have different contractual features.