1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Solnce55 [7]
3 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]3 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

You might be interested in
Suppose the price of a gallon of ice cream rises from $4 to $5, and the price of a can of coffee rises from $2 to $2.50. If the
ExtremeBDS [4]

Answer:

a. less ice cream, less coffee

Explanation:

The percentage change in CPI is given by:

\%CPI = \frac{177-150}{150}=0.18

The percentage change in the prices of coffee and ice cream, respectively, are:

\%C = \frac{5-4}{4}=0.25\\\%I = \frac{2.50-2.00}{2.00}=0.25

Both coffee and ice cream had an increase in price above the CPI increase, which means that both goods are being sold above the equilibrium price and thus their demand is likely to fall.

People likely will buy less ice cream, less coffee

4 0
3 years ago
From a strategic marketing viewpoint, a total product offer includes all of the tangible attributes of a good or service, and ex
Tasya [4]

Answer:

B. False

Explanation:

<em>Total Product offer </em>is every aspect of a product which the customer evaluates before buying.

From strategic marketing viewpoint, the customer may evaluate the product on both the tangible and intangible attributes.

An example of this is the iPhone by Apple. On tangible level, the product itself, the packaging and others are tangible attributes that a customer may evaluate. On intangible level, the brand name, perceived benefits, convenience, purchase services, and many other factors are part of the iPhone as the intangible attributes that the customer will evaluate.

As a marketer, one should think and talk in the language of customers- let it be from either tangible or intangible point of view.    

7 0
2 years ago
Black market dealers are often legitimate businesses with questionable and illegal practices. (points : 2) true false
amm1812
 The Black Market is a series of dealers who can get you a product that has been repealed from stores, such as 2006 yellow Tide, which cleaned the products too good, forcing the company to take it off the market because they wanted to continue to sell products that they claim better than the last. The Black Market is illegal and if currently under high investigation by governments all over the world. So, if the Black Market practice itself is illegal and all actions taken while in the Black Market are as well, I think you can finalize your answer. Hope this helped!
6 0
3 years ago
BlendIn, Inc. manufactures covers for blenders and toaster ovens. Because its product lines are similar, BlendIn can produce mos
Masja [62]
I’m pretty sure the answer is B $147,400
3 0
2 years ago
When two or more nonunion employees act together to try to improve working conditions, or when a single employee approaches mana
sashaice [31]

Answer:

Protected Concerted Activity

Explanation:

Protected concerted Activity is a legitimate term utilized in labor approach to characterize representative security against manager counter in the United States. It is a legitimate standard under the subject of the opportunity of affiliation. The term characterizes the exercises laborers may participate in unafraid of boss reprisal. In nations where there is generally vigorous worker rejection insurance

The insurance of ensured purposeful action is to a lesser extent a particular lawful issue. In liberal market social orders like the United States, where it is relatively simple for a business to terminate a representative, the issue of ensured coordinated movement has become a significant work assurance.

7 0
2 years ago
Other questions:
  • You expect KT industries (KTI) will have earnings per share of $4 this year and expect that they will pay out $1.75 of these ear
    15·1 answer
  • The overall, company-wide program for selecting a particular target market and then satisfying consumers in that market through
    7·1 answer
  • Which statement best describes a pure market economy ?
    14·2 answers
  • Why is it important to seek as much aid as possible through scholarships and grants?
    15·1 answer
  • Ralph Waters owns forested land. The Department of the Interior has declared that a small fruitfly on his property is an endange
    8·1 answer
  • Revenue expenditures
    12·1 answer
  • Zara has pioneered "cheap chic" in clothing apparel. Zara offers current and desirable fashion goods at relativelylow prices. To
    13·1 answer
  • If you could choose anything to be? (must be in essay)​
    7·1 answer
  • A company is using a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $492,000 and
    5·1 answer
  • Discuss Five types of visual aids?​
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!