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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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A market demand curve shows Group of answer choices the sum of all prices that the individual buyers are willing and able to pay
Nutka1998 [239]

Answer:

the sum of all prices that the individual buyers are willing and able to pay for each possible quantity of the good.

Explanation:

Market demand refers to the sum of the individual demand for a commodity from all buyers in a given market.

A market demand curve is therefore a graph that shows the the sum of the individual demand for a commodity from all buyers in the market.

Therefore, the correction option is "the sum of all prices that the individual buyers are willing and able to pay for each possible quantity of the good".

Note that the market demand curve is a downward sloping curve due to the fact that there is a negative relationship between price and quantity demanded. That is, as price increases, the quantity demanded decreases. On the other hand, as price decreases, the quantity demanded increases.

Also note that an example of a market demand curve is given in the attached graph. From the graph, it can be seen that when price is p_{0}, quantity demanded is q_{0}. But when price falls to p_{1}, quantity demanded increased to q_{1}. This shows the negative relationship between price and quantity demanded as explained above.

6 0
3 years ago
Which part of a food label is the primary tool for determining the healthfulness of the product?
Klio2033 [76]

Answer: (B) Nutrition fact panel

Explanation:

The nutrition fact panel is one of the primary tool which is used for determining the nutrition and also the healthfulness of the given material and the products.

The nutrition fact panel is the part of the food label and it providing the information about the content of nutrient in the food and the various types of beverages.

It basically provide the information about the sodium, fat content and the sugar.

Therefore, Option (B) is correct.

6 0
3 years ago
Leaders as good role models must walk the talk. this means they must be ________ in their words and actions. a. consistent b. ef
kvv77 [185]

Leaders must be consistent in their words.

  • There are many advantages to being an ethical leader. Leaders can influence their community to act morally by working together. Others will be inspired to emulate your moral behavior if you set an example for them and offer guidance. Moral leaders can influence a large number of people for the better by presenting them with a course of action that will benefit everyone.
  • For personal credibility and reputation, it is essential to be an ethical leader. Being a leader takes time and effort. Being unethical can seriously damage a leader's or their organization's reputation and immediately remove them from the A-league.
  • A person's self-esteem is frequently harmed by unethical behavior, which leads to a less than ideal outcome and a missed opportunity to reach one's full potential.

Thus a Leader must be consistent in their words.

To learn more about leadership, refer: brainly.com/question/12522775

#SPJ4

3 0
2 years ago
Read 2 more answers
The fact that one department may be labor intensive while another department is machine intensive explains in part why multiple
serious [3.7K]

Answer:

That statement is true

Explanation:

Pre-determined overhead is the method of overhead calculation that being done at the beginning of each accounting period. They use the number based on estimation from the performance on the previous period.

Determining pre-determined overhead of a machine is far easier compared to human labor since machine tend to give stable performance.

Since larger companies tend to use more machines than smaller companies, pre-determined overhad is more common among larger companies and rarely found in smaller ones.

8 0
3 years ago
Which of the following scenarios might indicate that you have been a victim of identity theft?
shutvik [7]
Where are the answers? Don't have much to work with...
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