Answer:d
Explanation:I just took the test.
Answer:
12.3076
Explanation:
Receivables Turnover =
Here Net Credit sales = $8,000,000
Average Receivables =
Opening Receivables = $600,000
Closing Receivables = $700,000
Average Receivables =
Receivables Turnover =
12.3076
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Answer:
D. Interest rate effect
Explanation:
Interest Rate Effect can be defined as the rate that occur due to the change in borrowing and spending attitude of a person after the interest rate might have been adjusted because in a situation where the interest rates rises it will enable both businesses and consumers to cut back on their spending the result of which will cause earnings to fall and stock prices to drop due to the fact that as the interest rates move up, the cost of borrowing becomes more expensive which is why interest rates that are high tend to always reduce inflationary pressures and cause an appreciation in the exchange rate
Answer:
The correct answer is $11.25 $10.00.
Explanation:
According to the scenario, the given data are as follows:
Contribution margin for product A = $22.5 per unit
Product A time required = 2 machine hours
Contribution margin for product B = $40 per unit
Product A time required = 4 machine hours
So, we can calculate the contribution margin per unit by using following formula:
Contribution margin per unit = Contribution margin for product ÷ Time required
So, Contribution margin per unit, Product A = $22.5 ÷ 2 = $11.25
Contribution margin per unit, Product B = $40 ÷ 4 = $10