Too much money chasing too few goods is characterized by the term inflation.
Answer:
13%
Explanation:
Expected return on market = ((Expected return - Risk-free rate) / Beta) + Risk-free rate
Expected return on market = ((17.50% - 8%) / 1.90) + 8%
Expected return on market = 9.5%/1.90 + 8%
Expected return on market = 0.05 + 0.08
Expected return on market = 0.13
Expected return on market = 13%
Answer:
The firm's accounts receivable balance is $274,444.39
Explanation:
In this question, we have to apply the daily sales outstanding ratio which is shown below:
Days sales outstanding = (Accounts receivable ÷ Total credit sales) × total number of days in a year
36 days = ($380,000 ÷ total credit sales) × 365 days
So, the total credit sales = ($380,000) × (365 days ÷ 36 days)
= $3,852,777
Now apply the same formula, So the account receivable equal to
= $3,852,777 × (26 days ÷ 365 days)
= $274,444.39
Controlling is what involves measuring organizational performance and making adjustments as needed. Hope this helps, good luck.
Answer: They provide a higher rate of return.
They are held for a shorter time. The buyer does not receive periodic interest payments in exchange for a lower purchase price.
