You should avoid only looking for information that supports your initial idea (confirmation bias). Instead, you should gather all the relevant data and <em>then </em>make your conclusions.
Answer:
Cash coversion cycle is 93.93 days
Explanation:
We have average:
+ Account receivable = $16,500; Inventory = $12,000; Account Payable = $6,100
Calculation of related conversion cycles:
Days inventory outstanding = Average inventory/COGS x 365 = (12,000/53,000) x 365 = 82.64 days
Days sales outstanding = Average receivable / Net sales x 365 = 16,500/113,000 x 365 = 53.30 days
Days payable outstanding = Average payable / COGS x 365 = 6,100/53,000 x 365 = 42.01 days
=> Cash conversion cycle = Days inventory outstanding + Days sales outstanding - Days payable outstanding = 82.64 + 53.30 - 42.01 = 93.93 days
Answer:
- yes
- Because the state lottery provides for administrative hearings
Explanation:
The plaintiffs must exhaust their administrative remedies before a court of law would grant them the opportunity to pursue a legal action against the lottery board because it might a breach in communication or administration from the lottery board or the lottery director and the plaintiffs should seek to resolve the issues without having to seek a legal action but through administrative remedies and procedures which more swift in resolving such issues
Answer:
Fixed cost = $10 because there are no Variable costs when Output is 0.
a. Total Variable cost when output is 1.
= 19.76 - 10
= $9.76
b. Average Fixed cost when output is 2.
= 10/2
= $5
c. Average Variable Cost when Output is 3.
= (37.09 - 10) / 3
= $9.30
d. Average Total Cost when output is 4;
= 46.31/4
= $11.58
e. Marginal Cost when output is 5.
= Total cost at 5 - Total cost at 4
= 54.30 - 46.31
= $7.99
Answer:
Because the labour is a source of my daily food which potentially is a basic need in life