Answer:
The Prestige Company's cash conversion cycle is 77.2 days which makes B the correct choice.
Explanation:
We have the cash conversion cycle is the average amount of time it takes for company to convert cash outflow for inventory purchasing to cash inflow for revenue generating, which is calculated as:
Cash conversion cycle = Days of inventory outstanding + Days of sales outstanding - Days of payable outstanding = 42.7 + 91.3 - 56.8 = 77.2 days.
So, B. 77.2 days is the correct choice.
The nation's nominal GDP does not take inflation into account. To solve this problem, we simply calculate the nation's nominal GDP in Year 4, ignoring the base prices. Keep in mind that if we were calculating real GDP, we would have to use the base year prices in our GDP calculation.
Year 4:
Computers: 17 x 2200 = 37,400
Televisions: 20 x 550 = 11,000 +
Total GDP =$48,400
Answer is C) 48,400
Answer:
they are more familiar with them and trust them more
Answer:
(D) Abby, Ben, and Clara
Explanation:
Given that each of the five citizens will share the cost of the public good equally (that is, $200 each), citizens who derive benefits greater than $200 are likely to vote in favor of an equal share of the cost since this option will result in a net benefit of the public good to them.
For instance, net benefit to Abby = $220 benefit - $200 cost = $20 net benefit.
On the other hand, citizens who derive benefits worth less than $200 are less likely to vote in favor of an equal share since an equal share will result in a net loss to them.
For instance, net loss to Matt = $120 benefit - $200 cost = $80 net loss.
Therefore, Abby ($220), Ben ($210) and Clara ($210) are likely to vote in favor of a proposal for an equal share of the cost, since the benefit they derive is greater than the cost in an equal share $200.
Answer:
A. $1,300 units
Explanation:
Data provided
Fixed expenses = $212,290
Product price = $230.00
Variable cost = $66.70 per unit
The calculation of break-even in monthly unit sales is shown below:-
Unit sales to break even = Fixed expenses ÷ Unit Contribution Margin
= $212,290 ÷ ($230.00 per unit - $66.70 per unit)
= $212,290 ÷ $163.30 per unit
= $1,300 units
Therefore for computing the units sales to break even we simply applied the above formula.
