1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ymorist [56]
3 years ago
14

A company reports the following:

Business
1 answer:
fredd [130]3 years ago
7 0

Answer:

a. 15 times

b. 24.3 days

Explanation:

The computation is shown below:

a. Accounts receivable turnover

Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable  

= $3,150,000 ÷ $210,000

= 15 times

b. Number of days sales in receivables = Total number of days in a year ÷ accounts receivable turnover ratio

= 365 days ÷ 15 times

= 24.3 days

You might be interested in
Sandy, an expert on Search marketing, knows she should use extensions effectively in order to optimize her Google Ads campaign r
gavmur [86]

Answer:

Use at least three extensions in each campaign or ad group.

Explanation:

Google recommends that in other to optimize Google ad campaigns at least three extensions should be used for each campaign or ad group: At the point of each auction, Sandy's ad will be assembled with the most appealing extensions. Elegible extensions will give Sandy's ads more opportunity to meet users’ specific needs.

7 0
2 years ago
Suppose your firm has a marginal revenue given by the equation MR = 10 - Q where Q is the quantity produced and sold. This means
KonstantinChe [14]

Answer:

The answer is: A) When the marginal cost of producing an additional unit equals the marginal revenue from that unit.

Explanation:

In economics, we assume that a company´s main goal is to maximize its profit. In order for any company do to this, the marginal cost (MC) of producing an extra unit of production must equal the marginal revenue (MR) obtained by selling that extra unit of production.

Theoretically, in perfect market conditions, MR=MC in the equilibrium point between quantity supplied and quantity demanded. But on real world conditions elasticity of both demand and supply alter the curves.  

4 0
2 years ago
1. ______control environment risk assessment control procedures monitoring information and communication.2. ______provides reaso
Yuki888 [10]

Answer:

  1. Five internal controls
  2. Control procedures.
  3. Risk Assestment.
  4. Information and communication.
  5. Monitoring.
  6. Control environment.

Explanation:

1. <u>Five internal</u> control environment risk assessment control procedures monitoring information and communication.2. <u>Control procedures</u> provides reasonable assurance that business goals will be achieved.3. <u>Risk assessment</u> identify, analyze and assess likeliness of vulnerabilities.4. <u>Information and communication</u> used by management for guiding operations and ensuring compliance with requirements.5. <u>Monitoring</u> used to locate weaknesses and improve controls.6. <u>Control environment</u> overall attitude of management and employees

There are five internal control management that help in controling and managing overall work environment.

4 0
3 years ago
Invoro is a market leader in consumer electronics. If Finolo and Ethver, companies that manufacture televisions, develop the sam
Yanka [14]

Answer:

Invoro will have a resource that is valuable but no longer rare.

Explanation:

Invoro's competitive edge has been duplicated by Finolo and Ethics through their customer knowledge base and products that appeal to customers.

The resource that Invoro has is still valuable and can give the company a good market share, but it is no more rare.

5 0
3 years ago
On February 1, 2020, Bonita Industries purchased a parcel of land as a factory site for $328000. An old building on the property
Volgvan
I think is b I hope this helps
3 0
3 years ago
Other questions:
  • During the month of March, Karen Company's employees earned wages of $68,000. Withholdings related to these wages were $5,202 fo
    9·1 answer
  • What is the main purpose of an appointment reminder? In a medical office.
    6·2 answers
  • g Floyd Corporation had a projected benefit obligation of $3,142,000 and plan assets of $3,308,000 at January 1, 2020. Floyd als
    13·1 answer
  • Employees at the university have negotiated a 5 percent increase in wages for the next year, based on their inflation expectatio
    14·1 answer
  • Fire Hydrant Pet Supply just paid its first annual dividend of $0.75 a share. The firm plans to increase the dividend by 2.9 per
    9·1 answer
  • Once a​ month, the bureau of​ ______ statistics calculates the consumer price​ index, which is a measure of the​ ______ consumer
    8·1 answer
  • PLEASE HELP, ILL GIVE BRAINLIEST IF IT'S RIGHT. 35 POINTS! the answer isnt C!
    15·2 answers
  • Active endeavors specializes in sporting equipment. recently, it has decided to add to its business units by opening a steakhous
    10·1 answer
  • The term economic cycle refers to what? How does it impact a business?
    6·1 answer
  • In the opening case of target's erp implementation, what were the bad managerial decisions made that led to a failed outcome?
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!