The answer is total compensation.
Answer:
Marketing assessment
Explanation:
Marketing assessment is the best process you can use to make a business successful in the long run because marketing assessment is the comprehensive assessment of all the potential and risks involved in a new or existing business idea or project that is to be undertaken by a business entity.
In marketing assessment the effects of external barriers like environmental forces, market trends, competition in the market, taxes involved in the running of the business and even the resources to make the business flourish is comprehensively covered in details.
Financial Management is part of the whole process and not the process of making a business successful on its own.
Answer:
9.6 times ; 37.9 days
Explanation:
The computation of the accounts receivable turnover and the average collection period is shown below:
Accounts receivable turnover ratio = Credit sales ÷ average accounts receivable
where,
Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2
= ($4,350 + $3,150) ÷ 2
= $3,750 million
And, the net credit sale is $36,100 million
Now put these values to the above formula
So, the answer would be equal to
= $36,100 million ÷ $3,750 million
= 9.6 times
And, the Average collection period in days = Total number of days in a year ÷ accounts receivable turnover ratio
= 365 days ÷ 9.63 times
= 37.9 days
The correct answer is c. prepare a "blueprint" for the development of your business
The business plan is best for you as the company owner, not for the state or anyone else. All major companies write business plans for up to 20 years in advance because they have to plan everything.
