Answer:
8.2
Explanation:
Accounts receivable turnover measure the average times the company received their receivable, It measure the efficiency of the company regarding collection from customers. Turnover will be higher if company has low ratio of receivables to sales value.
Average Receivable can be calculated as below
Average Receivable = (Accounts Receivable at the beginning of the year + Accounts Receivable at the end of the year) / 2 = ($114000 + $152000)/2 = $133,000
Net Sales = $1,090,600
Formula for Accounts receivable turnover is as follow
Accounts receivable turnover = Net Sales / Average Receivable
Accounts receivable turnover = $1,090,600 / $133,000 = 8.2 times
Answer:
equal 0.
Explanation:
If both stocks are perfectly negatively correlated, then the standard deviation will always be 0. For example, if the variance of stock A is -0.5, then the variance of stock B will be 0.5, so the standard deviation will be 0. The variance of each stock will cancel the variance of the other one.
Answer: a. The trial balance is completed to ensure that debits and credits are equal in the General Ledger.
Explanation:
The Trial balance is used to ensure that all totals on the accounts on the debit side are equal to all totals on the accounts on the credit side.
The account totals are each listed on the debit and credit sides of the trial balance and then added up. If the amounts do not tally, it suggests that there is an error in the entries that needs to be fixed.
Answer:
Bachelor's degree in business management
Explanation:
Computer science and mathematics could help her while running the bakery, but won't be the most beneficial. Elementary education wouldn't really be at all helpful when running a business.
Sophia wants to run her own bakery, which is a business. Therefore, a bachelor's degree in business management will be the most helpful for Sophia.
