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2 years ago

Either more sellers in the market or lower production costs can cause supply to _____ at each price level.

Business

2 answers:

Mariulka [41]2 years ago

7 0

Answer:

increase

Explanation:

When new providers enter a competitive market, parameters such as equilibrium price, supply and demand tend to change. The higher the number of sellers, the higher the production tends to be for each price level. The same is true if production costs go down, as this is an incentive for each salesperson to produce and deliver more so as to maximize their revenue.

Otrada [13]2 years ago

4 0

Increase or shift right because if the cost of production goes down then the supplier can make more products for less money therefore making the supply of a good more. if there are more supplier then the same thing happens. more product in the market.

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8 0

1 year ago

The of accounts receivable method uses several percentages to estimate the allowance.

Tatiana [17]

Answer:

The aging of accounts receivable method uses several percentages to estimate the allowance.

Explanation:

An account of receivable aging report lists customer account balances by length of time outstanding.

6 0

1 year ago

wist Corp. has a current accounts receivable balance of $330,800. Credit sales for the year just ended were $3,804,200. a. What

Alex17521 [72]

Answer:

Receivables turnover = 11.50 times

Days' sales in receivables = 31.74 days

Average collection period = 31.74 days

Explanation:

Receivables Turnover Ratio

Receivables turnover = Credit Sales / Receivables

= $3,804,200 / $330,800

= 11.50 times

Receivables turnover ratio measures how many times a company's receivables are converted to cash in a period. A high receivables turnover ratio can indicate that a company’s collection of accounts receivable is efficient and that the company has a high proportion of quality customers that pay their debts quickly.

Days' sales in Receivables/ Average Collection Period

Days' sales in receivables = 365 days / Receivables turnover

= 365 / 11.50

= 31.74 days

On average, credit customers took 31.74 days to pay off their accounts.

The days' sales in receivable ratio which is also known as the average collection period tells you the number of days it took on average to collect the company's accounts receivable during the past year.

6 0

2 years ago

5. In a command economy, poor planning is likely to lead to (1 point)

aleksandr82 [10.1K]

5.)d.products shortages and waste

6.)b.other countries quickly bought the low-priced products

6 0

3 years ago

Internal users of financial information: Multiple Choice Are not directly involved in operating a company. Are those individuals

Fudgin [204]

Internal users of financial information Are those individuals involved in managing and operating the company.

Answer: Option (B) is correct.

Explanation:

Internal users are people inside the organization. Internal users of financial information are those who are directly involved in managing and operating the organization. They make use of the information to improve the efficiency and effectiveness of an organization.

Internal users consist of all managers like purchase managers, human resource managers, marketing managers, service managers, etc. it consists of employees and the owner of a concern. Internal users take various important decisions based on financial information.

3 0

3 years ago