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2 years ago

Chik’s Chickens has accounts receivable of $6,333. Sales for the year were $9,800. What is its average collection period?

Business

1 answer:

MAXImum [283]2 years ago

6 0

Answer:

The answer is 235 days

Explanation:

Average collection period can also be called Days' outstanding period. And it is the number of days it takes a business to collect its money or receivables from the goods or services sold on credit.

Days' reveivables period or Average collection period = 365 days / reveivables turnover.

Receivables turnover = Sales/ average receivable

$9,800/$6,333

= 1.55

Average collection period=

365 days/1.55

=235 days

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Brianna cruz earned $130 in simple intrest in 9 months at an annual interest rate of 8%. How much money did she invest?

stiks02 [169]

Answer:

She invested $2,167

Explanation:

As interest rate is not compounded, the 9-month interest of a 8% annual interest is simply:

8% * 9 / 12 = 6%

Let A be the amount of money she invest. After 9 month she will receive:

A * 0.06 dollars.

And the actual amount is $130. So she invested

A = $130 / 0.06 = $2,167

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2 years ago

Domino's Pizza was 50 years old in 2010. Visit the company's business-related website (www.dominosbiz) and read the company prof

RUDIKE [14]

Answer:

Consider the following paragraph I wrote

Explanation:

I think the firm focuses on the economic perspective in describing its competitive advantage. In the economic perspective, a firm focuses on how much economic value it creates through its competitive advantage.

In the company profile, Domino's focuses on how much economic value it creates for its sub-franchisees, franchisees and the parent company. It focuses more on the chain which creates economic value for the entire Domino's ecosystem consisting of the parent company, franchisees, and the sub-franchisees. So, I think the firm focuses on economic perspective in describing its competitive advantage.

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2 years ago

An A-B design does not demonstrate a functional relationship between the treatment and the target behavior because there is no:

balandron [24]

Answer: REPLICATION

Explanation:An A-B design is a single case or a single subject design that deals with the study and analysis of both applied Behavior and Behaviors which concerns Human and non Human subjects. This type of design does not involve repetition of treatments which means it is a one case scenario, A-B design is a two phase design made up of a baseline known as ("A" phase) without change and a ("B" phase) known as a treatment phase. If during the experiment their is a change,it means the it means the treatment has an effect.

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2 years ago

When total revenues fall below total costs, production should end. However, if marginal revenue exceeds variable cost, productio

const2013 [10]

Answer:

False

Explanation:

A firm should end production and shut down only when its total revenue falls below variable costs, because at this point, production will bring about more losses, compared to if the company isn't producing at all.

<u>If total revenue exceeds and can cover its variable cost, a firm should remain in operation in the short run</u> (even if it is incurring losses), as this contributes to paying off the firm's fixed costs.

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2 years ago

Targaryen Corporation has a target capital structure of 65 percent common stock, 5 percent preferred stock, and 30 percent debt.

Juli2301 [7.4K]

Answer:

a. What is the company’s WACC?

R_Wacc = 13% (65%) + 5% (5%) + 6% (30%) * (1-0,25) = 10,05%

b. What is the aftertax cost of debt?

The aftertax cost of debt is:

R_Debt : (1 - 0,25) x 6% = 4,50%

Explanation:

The WACC it's defined by the formula :

WACC: E/V*Re + D/V*Rd *(1-0,25)

Re: 13,00% Cost of Common Equity

Re: 5,00% Cost of Preferred STOCK

Re: 6% Cost of Debt

E/V: 65% Percentage of financing that is Common Equity

PS/V: 5% Percentage of financing that is Preferred Stock

DB/V: 30% Percentage of financing that is Debt

Tax: 25% Corporate tax rate

Now we have all of the components to calculate the WACC.

The WACC is:

R_Wacc = 13% (65%) + 5% (5%) + 6% (30%)*(1-0,25) = 10,05%

The aftertax cost of debt is:

R_Debt : (1 - 0,25) x 6% = 4,50%

5 0

2 years ago