Answer:
the accounts receivable turnover for Bramble is 5.85 times
Explanation:
The computation of the account receivable turnover ratio is shown below
the account receivable turnover ratio is
= Net sales ÷ (Beginning account receivable + ending account receivable) ÷ 2
= $473,850 ÷ ($56,000 + $25,000)
= 5.85 times
Hence, the accounts receivable turnover for Bramble is 5.85 times
Answer:
Yank appreciates in relation to Sock
Explanation:
A contractionary monetary policy either results in increased interest rates in New Yorkland or reduced money supply or both.
Increased interest rated would mean that people would save more to take advantage of an increased saving rate. This would cause people to save money and thus reduce the supply of money. The law of demand and supply suggests that lesser supply would up the price that is it would appreciate. This is also true as people in Bostonia may also want to save in New Yorkland thus reducing the supply further as they demand more Yank.
Reducing the money supply any other way would mean as both countries are trade partners there will be demand for Yank but as supply is constricted, it would again appreciate.
Hope that helps.
Answer:
When you get a pre-approved credit card offer, it comes from a bank or credit card issuer—also known as a credit card company. Those issuers have pre-screened you for eligibility for the card. That screen has determined you're a good candidate for the card
Explanation:
Answer:
the amount paid for stock reacquired and currently held in treasury
Explanation:
Treasury stock is an equity account and it is equal to:
- total shares issued - total shares outstanding
Treasury stock increases when a corporation repurchases outstanding stock for the purpose of reselling them later or retiring them. This usually happens when the corporation has more cash than needed or the price of the stock is too low.
Answer:
correct option C. increase production.
Explanation:
given data
producing = 37 units
marginal cost MC = $3
sell MR = $5
solution
the profit is maximum at MR = MC ..............1
and here MR = $5 and MC = $3
then production should be increased up to the MC = MR = $5
so correct option is C. increase production
