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Solnce55 [7]
4 years ago
7

If a firm sells on terms of 2/10 net 30 days, and its DSO is 28 days, then the fact that the 28-day DSO is less than the 30-day

credit period tells us that the credit department is functioning efficiently and there are no past-due accounts.
a) true
b) false
Business
1 answer:
GalinKa [24]4 years ago
7 0

Answer:

a) true

Explanation:

2/10 net 30 means that if the costumer pays within 10 days, he will be offered 2% discount, otherwise the amount is due in 30 days in full.

DSO means average number of days the company takes to receive payment from customers of credit sales.

Since the DSO of a firm given is 28 days, which is lower than the 30 days credit period normally offered by the company, therefore it may indicate that the firm's credit department is operating effectively.

Hence, answer is a) true

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RUDIKE [14]

Answer:

Consider the following paragraph I wrote

Explanation:

I think the firm focuses on the economic perspective in describing its competitive advantage. In the economic perspective, a firm focuses on how much economic value it creates through its competitive advantage.

In the company profile, Domino's focuses on how much economic value it creates for its sub-franchisees, franchisees and the parent company. It focuses more on the chain which creates economic value for the entire Domino's ecosystem consisting of the parent company, franchisees, and the sub-franchisees. So, I think the firm focuses on economic perspective in describing its competitive advantage.

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3 years ago
Surveys are an especially effective source of support for topics related to the attitudes, values, and beliefs of the people A.
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Answer:

Option "A" is the correct answer to the following statement.

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In an immediate environment, the speaker tries to attract individuals by providing them survey reports which authorized his opinion.

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3 years ago
Relish Corp. is a famous fast food chain in the United States. However, increasing competition affects the company's market. Nic
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Answer:

Participative leadership style

Explanation:

Path goal theory is a  leadership theory that specifies the leadership style that should be used in an organization to achieve a goal based on the employees and the working environment. The following steps are to be taken based on the path goal theory:

  1. Determine the employee and environmental uniqueness based on their needs.
  2. Selecting a leadership style and adjusting this style based on the employees need.
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Participative leadership style is a style in which leaders involves their subordinates by asking them for suggestions before making a decision. This style is best used when subordinates are highly involved and trained.

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3 years ago
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New greenbelt areas have been created to beautify the grounds around tampa power and light company. the greenbelt areas are an e
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3 0
3 years ago
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Calculate the inventory-to-sale conversion period based on the following information: average inventories = $110,000; average re
Slav-nsk [51]

Answer:

232.08 days

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It is determined as follows:

Average inventory period

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