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DaniilM [7]
3 years ago
5

He average collection period is computed by dividing

Business
1 answer:
zheka24 [161]3 years ago
8 0

Answer:

B). 365 days by the accounts receivable turnover.

Explanation:

This is said to be the time it takes for a business to receive money owed by its client in its amount receivable(AR).

The average collection period formula is the number of days in a period divided by the receivables turnover ratio. The numerator of the average collection period formula shown at the top of the page is 365 days. For many situations, an annual review of the average collection period is considered.

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What were your consideration in selecting your costumer?
Bad White [126]
Selecting your customer is essential in the business so as to focus efficiently your resources to the type of demand customers entail. In the consideration of the selection, this includes the age bracket, economic status, cultural upbringing, sex, and many more other factors. There is an exhaustive list of factors to consider.
5 0
3 years ago
Read 2 more answers
Syfy Company on July 15 sells merchandise on account to Eureka Co. for $5,000, terms 2/10, n/30. On July 20 Eureka Co. returns m
3241004551 [841]

Answer:

The amount of cash received is $2940

Explanation:

The cash received by Syfy on July 24 will be for the amount due after accounting for sales return by Eureka and after deducting the sales discount / discount allowed.

The balance in accounts receivable account of Syfy after sales return by Eureka on July 20 will be,  5000 - 2000 = $3000

The payments terms allow a 2% discount if payment is made within 10 days of purchases. Eureka paid within the discount period thus it availed a discount of,

3000 * 0.02  =  $60

The amount of cash received by Syfy is = 3000 - 60  =   $2940

3 0
3 years ago
Things that the minister of sports could consider for sports to be a nation builder
svp [43]
I understand this question to mean "what can a minister of sports (presumably  in the US?) do so that sports serves a nation builder"

Sports can be a nation builder when it unites the nation, as when for example all the people cheer for one team. So the minister can for example support national teams.

Sport can also increase people's standard of life, so the minister can support local sport facilities - healthy people mean a healthy nation.

Also, it can be a common goal, such as when a nation organizes some championships, so he or she can apply to host the Olympics for example. <span />
4 0
3 years ago
If a firm has demographic and purchasing information about its customers, the firm can use data mining techniques to create mark
Mumz [18]

Answer:

Build separate marketing programs for different demographic segments.

Explanation:

If a firm has detailed information regarding the demographic and purchasing data of the clients that helps to arrange the product and services in a more concise level. More importantly, they can take that information and design marketing programs accordingly, and those marketing programs can be made to facilitate different marketing segments and target market.

8 0
3 years ago
the market price of northern mills stock has been relatively volatile and you think this volatility will continue for a couple m
taurus [48]

The  answer is $120.

Explanation: The computation of the net profit or loss is shown below: Before that we have to determine the following calculations

Net Profit from call option is = (Gain from Exercising Call Option - Option Premium paid) × Size of the Contract

= (($47 - $42) - $2.60) × 100 Shares

= $240

Net Loss from put option is

= (Option Premium paid) × Size of the Contract

= $1.20 × 100 Share

= $120

So, the net profit is  = Net Profit from Call Option - Net loss from Put Option= $240 - $120

= $120

To learn more about  net profit, click here.

brainly.com/question/22024991

#SPJ4

5 0
1 year ago
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