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koban [17]
3 years ago
9

A company had total sales of $980,000, net sales of $955,800 and an average accounts receivable of $82,500. Its accounts receiva

ble turnover equals:_____.
Business
1 answer:
Alenkinab [10]3 years ago
5 0

Answer:

Accounts receivable turnover = 11.58

Explanation:

The total sales of the company = $980000

Net sales of the company = $955800

Average account receivable =  $82500

We have total sales, net sales, and average accounts receivable. Here, we are required to find the account turnover.

Use the below formula to find the account turnover:

Accounts receivable turnover = Net sales  / average accounts receivable

Now insert the values:

Accounts receivable turnover = 955800 / 82500 = 11.58

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Answer:

The correct answer is anchoring and adjustment heuristic.

Explanation:

It is a cognitive bias that describes the common human tendency to rely too much on the first piece of information that is offered when making decisions: the "anchor." It is also known as the "focus effect." During decision making, anchoring occurs when people use an initial piece of information to make subsequent judgments. Once the anchor is fixed, the rest of the information is adjusted around the anchor position incurring a bias.

For example, the initial price offered by a used car sets the standard for the rest of the negotiations, so prices lower than the initial price seem more reasonable even if they are still higher than what the car really is worth. Similarly if you ask about the population of Ukraine: "Is it greater than or less than one hundred million people?", The answers will vary, but in general they will be somewhat less than that figure. However, if the question were: "Is the population of Ukraine greater or less than twenty million people?", The answers will vary, but the average number of responses will not change much compared to the initial anchor. That is, it starts from the "anchor value" and an adjustment is made ... which is usually in the right direction but of insufficient magnitude.

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3 years ago
Determine whether the data set is a population or a sample. explain your reasoning. the age of each resident in an apartment bui
seraphim [82]

Answer D: population, because it is a collection of ages for all people in the apartment building

This will be a population because we are covering each and every resident in the building and here out universe is our apartment building and not all other apartment buildings in the city.


4 0
3 years ago
The u.s. small business association defines a small business as having ____ employees and selling ______ worth of products or se
Mnenie [13.5K]

The U.S. Small commercial enterprise management (SBA) allows Americans to begin, construct, and develop organizations.

In step with the SBA, a small enterprise must be a for-profit company, independently owned and operated, now not nationally dominant within its enterprise and positioned in the U.S. A small business ought to additionally fulfill enterprise length standards primarily based on its range of employees or common annual receipts.

The SBA Microloan application offers loans of up to $50,000, with an average amount of just below $15,000. SBA microloans may be used for the purchase of furnishings, furniture, supplies, substances, equipment, and/or for operating capital.

The U.S. Small enterprise administration allows small businesses to get investment by placing suggestions for loans and decreasing lender hazards. those SBA-sponsored loans make it easier for small companies to get the funding they want.

Learn more about SBA here: brainly.com/question/20796146

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3 0
1 year ago
________ involves determining the point at which the number of units sold generates just enough revenue to equal the total costs
Andrew [12]

Answer: option b, Brake even analysis

Explanation: this is the point where the company has no profits and lost.

7 0
3 years ago
When Motorola first entered the Mexican marketplace, the company wanted direct control of salespeople in major urban markets but
julia-pushkina [17]

Answer: company sales force

              retail outlets sales representatives                              

   

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