Managers have to decide when to make decisions themselves and when they should involve a group. part of that decision should be
based on weighing the advantages and disadvantages to using group decision making. in this exercise, you will categorize various attributes of group decision making into either being an advantage or disadvantage.
Receivables turnover ratio can be calculated by dividing the net value of credit sales during a given period by the average accounts receivable during the same period. Average accounts receivable can be calculated by adding the value of accounts receivable at the beginning of the desired period to their value at the end of the period and dividing the sum by two. 500,000÷((80,000+40,000)÷2) =8.3
A written memorandum evidencing an oral contract that would otherwise be unenforceable must contain essential terms. In which this essential terms are important as a way of providing terms that both parties must engage in as a way of meeting the contract that they have agreed on.
