Answer:
$296,969.70
Explanation:
Days of sales outstanding = number of days in a period / receivables turnover
Receivables turnover = revenue / average receivables
33 = 365 / receivables turnover
receivables turnover = 11.060606
11.060606 = revenue / $350,000
revenue = $3,871,212.12
with the new policy and same revenue :
28 = 365 / receivables turnover
receivables turnover = 13.035714
13.035714 = $3,871,212.12 / average receivables
= $296,969.70
Answer:
Demographic variable
Explanation:
Rhoda describes her typical customer as female between the ages of 22 and 35 with at least two years of college education and a household income above $50,000 annually. Rhoda is using demographic variables to describe her customers. A demographic variable is a variable that is collected by researchers to describe the nature and distribution of the sample used with deductive statistics, these are variables such as age, gender, educational level e.t.c. Rhoda describes her typical customer as female between the ages of 22 and 35 with at least two years of college education and a household income above $50,000 annually therefore Rhoda was formulating her customer profile by using information such as gender, age, education level and income level.
Answer:
Asset U
Explanation:
Reward-to-volatility ratio for Asset Q = Expected return / standard deviation
Reward-to-volatility ratio for Asset Q = 6.5% / 5.5%
Reward-to-volatility ratio for Asset Q = 1.1818
Reward-to-volatility ratio for Asset U = Expected return / standard deviation
Reward-to-volatility ratio for Asset U = 8.8% / 5.5%
Reward-to-volatility ratio for Asset U = 1.6
Reward-to-volatility ratio for Asset B = Expected return / standard deviation
Reward-to-volatility ratio for Asset B = 8.8% / 6.5%
Reward-to-volatility ratio for Asset B = 1.3538
The investor should prefer Asset U because its has the highest reward to volatility ratio among the three options.
Beginning balance 10000
Add service on account 50000
Less ending balance 12000
Received from customers
10,000+50,000−12,000=48,000
Hope it helps!
Answer: The invisible hand
Explanation: Invisible hand can be defined as those unobservable market forces which helps the forces of demand and supply to reach to an equilibrium level.
In the given case, Daniel is giving work to local suppliers and jobs to residents as well as producing demand in the market by its products, thus, we can conclude that the given case is an example of invisible hand.
