Answer:
a. The account Receivable Turnover is 27 times
b. 13.52 days approximately
Explanation:
1. Account Receivable Turnover = Net sales / Average Account Receivables
Account Receivable Turnover = $1,182,600 / $43,800
Account Receivable Turnover = 27 times
The account Receivable Turnover is 27 times
2. Number of days' sales in receivables days = (Average Account Receivables * 365 days) / Net sales
=(43,800 * 365) / 1,182,600
=13.5185
=13.52 days approximately
Long-run growth in GDP is determined by capital, labor productivity, and technology progress is affected by private property rights, investment in capital, entrepreneurship.
C) capital, labor productivity, and technology
A) Private property rights,
B) Investment in capital,
E) Entrepreneurship
<u>Explanation:</u>
The long run growth is considered as the increase in the value of goods produced in the market over a period of time. In macroeconomics, since quite a while ago run development is the expansion in the market estimation of merchandise and enterprises created by an economy over some undefined time frame.
The since quite a while ago run development is dictated by the level of progress in the genuine total national output (GDP). The goods and services produced in the long run and the long run growth is determined by the change in the percentage of Real GDP.
Answer:
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Answer:
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