The receivables turnover ratio is an
activity ratio computing how proficiently a firm uses its assets.
Receivables turnover ratio can be calculated by:
net value of credit sales during a given period divided by the average
accounts receivables.
Receivables turnover = sales / receivable
= 4,515,830 / 336,500
= 13.42
Days’ sales in receivables = 365 days/ receivable turnover
= 365 / 13.42
= 27.20
The average collection period is 27.20 days.
Answer:
$120 per unit
Explanation:
The computation of minimum acceptable transfer price is shown below:-
If the division of the transferor does not have spare capacity, the minimum transfer price is equal to variable cost per unit and the contribution margin per unit
Minimum transfer price = Variable cost per unit + (Selling price to outside customers - Variable cost per unit)
= $72 + ($120 - $72)
= $72 + $48
= $120 per unit
Therefore for computing the minimum transfer price we simply applied the above formula.
Financial risk is the kind of risk connected to early-stage product developments that design thinking helps to reduce.
<h3>What is meant by risk?</h3>
Risk is the possibility of anything going wrong. It concerns the ambiguity surrounding the actions' consequences. Risk is the price a businessman pays to make money.
The risk connected to the organization's financial resources is known as financial risk. It appears during the product development process.
Therefore, it can be stated that financial risk is a type of risk that can be reduced by creative thinking when it comes to early-stage novel concepts.
Thus, Financial risk is the kind of risk connected to early-stage product development.
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Quality is used to assesses the dimension of the products for reaching its fame among customers.
<u>Explanation:</u>
- The Product is said to be good only when it satisfies the best quality norms the quality is considered as the main dimension for purchasing the product.
- Quality is not considered as just a word but it contains many factors such as durability, reliability, aesthetics, conformance, price, serviceability, performance, and features of the particular product in all sorts of time with any sort of usage prescribed for it.
Answer:
A. policy
Explanation:
A deliberate plan or course of action chosen by an individual or a group of people intended to deal with a problem, influence and determine decisions, actions, and other matters is known as policy.