Answer:
$125,165.49
Explanation:
Daily Sales Outstanding is computed by dividing Average Accounts Receivable over Daily Credit Sales.
In this case, if the DSO is 71, then the Daily Credit Sale is $2,887.3239($205,000/71).
Then, the old sales is $1,053,873.24 ($2887.3239 x 365).
If this is reduced by 15% after the policy is implemented, the new sales is $895,792.25 ($1,053,873.23-15%) and the new daily sales is $2,454.23 ($895,792.25/365).
Using these DSO formula, the new Accounts Receivable level will be $125,165.49 (51 x $2,454.23).
Answer:
I dont think I can do this
Explanation:
because we abel to help with slides or not.
Answer: Theory Y
Explanation: Theory Y refers the leadership style in which the managers have a perception that their subordinates are highly effective and motivated. These managers do not strictly monitors the performance of their subordinates and encourages self regulation and self control.
In the given case, Crater valley assumes there workers to be committed and give them liberty to make their own decisions.
Hence we can conclude that Crater valley reflects theory Y leadership style.
Answer:
Since the expected return and required return are different for both Stock X and Z, we say that they are not correctly priced
Explanation:
<em>To determine whether or not the stocks are correctly priced ,</em>
<em>we have to compare the r</em><em>equired return</em><em> and the </em><em>expected return on each of them.</em>
Required return = Rf +β (Rm-Rf)
Note that Rm-Rf is also known as market risk premium
<em>Stock Y Stock Z</em>
<em>Required return </em> 2.4% + 1.2(7.2%) 2.4% + 0.8(7.2%)
= 11% = 8.2%
<em>Expected return</em> <em>12.1% 7.85%</em>
Since the expected return and required return are different for both Stock X and Z, we say that they are not correctly priced
Answer:
The right answer is C; There is an inverse relationship between price and quantity demanded
Explanation:
The law of demand indicates that there is an inverse relationship between the price and the quantity demanded of a good.
This means that if the price of a good increases, then demand decreases and if the price decreases, demand tends to rise at the same time.
