Answer:
Accounts receivable more than 60 days = $39,500
% of accounts receivable = 11.07%
Explanation:
The following table shows the aging schedule-
Customer Amount Owed ($) Age (days)
ABC $47,150 32
DEF 37,500 7
GHI 18,900 14
KLM 72,000 28
NOP 41,450 43
QRS 16,000 11
TUV 84,300 58
WXY 39,500 75
We have to develop a schedule with a 15 days incremental through 60 days. And we show which customers are falling in that category -
0-15 (DEF + GHI + QRS) = $(37,500 + 18,900 + 16,000) = $72,400
16-30 (KLM) = $72,000
31-45 (ABC + NOP) = $(47,150 + 41,450) = $88,600
46-60 (TUV) = $84,300
Over 60 (WXY) = $39,500
Accounts receivable more than 60 days = $39,500
Percentage of Accounts receivable = 
= 11.07%
Which behavior would best describe someone who has good communication skills with customers ? a) Following up with some customers b) Talking to customers more than listening to them c) Repeating back what the customer says d) Interrupting customers frequently
Answer:
A. The payment to factors whose supply is perfectly inelastic.
Explanation:
This means that this factor of production need to be purchase regardless of the price change, otherwise the business operation couldn't continue.
One example of a pure economic rent is the cost of latex for rubber glove manufacturer. Since latex is the main ingredients for the product, that company still have to buy it even if the price of the latex is increasing (inelastic) . Otherwise, the company need to shut down its operation.
Answer:
Consider the following explanation
Explanation:
Executive compensation depends on the overall performance of the company sequentially. It depends on various factors which determine the success of the organization. There has being a tool where the overall performance of the company and its overall standpoint is mentioned explaining in detail the occurrence of various events. Balanced score card is nothing but a report card explaining performance. Executive compensation attracts a clause of payment of a certain percentage only after achieving certain specific performance targets. Balanced score cards includes following things
Learning and growth perspective: it includes what the employees learn from the system, their training which is an essential aspect to increase their productivity.
Business perspective: determines how business are performing with regards market capitalization or client conversion ratios, also concerns about the region the business is growing into.
customer perspective: what customer wants, and what is being delivered to him, it helps company to close the gap to increase quality of delivery
Financial perspective: explains ratios, profits, losses, analysis regarding the financial position of the company.
