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Alja [10]
3 years ago
7

Magneto Company had net credit sales during the year of $1,350,000 and cost of goods sold of $810,000. The balance in accounts r

eceivable at the beginning of the year was $180,000, and the end of the year it was $120,000. What was the accounts receivable turnover?
Business
1 answer:
Mamont248 [21]3 years ago
4 0

Answer:

Account receivable turnover ratio = 9

Explanation:

The account receivable turnover ratio shows how well a business is managing its credit line it extended to its customers.It provides information on how effective a business is in the collection of amounts due from customers in respect of credit sales made.

It is calculated using the  formula below:

Account receivable turnover  =

Net credit sales/ Average account receivable

<em>Average account receivable=</em>

<em>(Receivable balance at the begin. + Receivable balance at the end)/2</em>

We can calculate the account receivable turnover for Magneto Company as follows:

Step 1

<em>calculate the average account receivable</em>

= ($180,000+ $120,000)/2

= $150,000

Step 2

<em>Calculate the account receivable turnover ratio ( ARTR)</em>

ART = $1,350,000/$150,000

      = 9

Account receivable turnover ratio = 9

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Answer:

D. outsourcing

Explanation:

Outsourcing -

It is the method in a business to hire people from any other company in order to perform a particular task , is known as outsourcing .

The practice of outsourcing have the objective , in order to increase the efficiency of the company or to accomplish any goal with in a very short period of time .

Hence , from the question ,

The Aluminium company Alumplus , outsource people from out side its company to produce the products .

8 0
3 years ago
You find some public records about customer satisfaction in the company's archive. What type of data is this called?
Iteru [2.4K]

The  type of data is this called raw data when You find some public records about customer satisfaction in the company's archive.

Raw data collection is typically not ready for analysis, but when organized and cleaned, it becomes data. Processed data is the type of data that has been processed from raw data.

The term raw data is most commonly used to refer to information collected for research studies before the information is transformed or analyzed in any way. This term may apply to data that has been collected or cleaned once but has not been further transformed or analyzed.

A list of all purchases made at the store during the month, but without further structure or analysis. A video captured every second by a surveillance camera at night. The performance of all his students in the district for one quarter. List of all movies streamed by video streaming companies.

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8 0
1 year ago
During normal economic​ times, when there is not​ "excessive" unemployment or​ inflation, discretionary fiscal policy
iogann1982 [59]

Answer:

The correct answer is D. is probably not very effective due to lags and the uncertainty created by repeated tax policy changes.

Explanation:

Discretionary fiscal policies: are those that governments intentionally apply to influence public revenues or expenses. They have the advantage that they can act directly on the problems but the drawback is that they are usually slow in their application due to the political and institutional procedures required for their implementation. In addition, these policies take time to achieve the objectives and are not always done effectively.

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With practical illustration, discuss how managers can leverage on organizational behavior components to maximize business succes
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Explanation:

Organizational behavior can be defined as a study of three factors that determine the behavior of organizations:

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These three factors combined will be decisive for understanding and analyzing how people act in the organizational environment in order to establish a harmonious organizational culture where employees feel protected and valued to contribute to the company's organizational objectives.

A culture based on ethical values ​​and valuing employees, will help in a more collaborative work environment, where communication flows effectively and the employee feels able to contribute with greater motivation, innovative ideas and loyalty to the company, which helps to create an internal environment conducive to maximizing business success.

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3 years ago
A manager who tells a subordinate that he will not recommend her for promotion unless she supports his proposal in an upcoming s
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A manager who tells a subordinate that he will not recommend her for promotion unless she supports his proposal in an upcoming sales meeting is using Coercion type of political behavior.

<h3>What is Coercion behaviour?</h3>
  • Coercion is the use of threats, especially physical threats, to induce an unwilling action from a party.
  • It entails a series of coercive behaviors that go against an individual's free will in an effort to elicit the desired response.
  • Extortion, blackmail, or even torture and sexual assault are examples of these activities.
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Elements of Coercive Practices Proof

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5 0
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