No you shouldn’t because it was a rare breach it scarcely happens so you should because it doesn’t happen all the time
<span>Which of the following is a significant decline in general economic activity over an extended period that includes declining real income and rising unemployment? Recession. Not only does a recession decline real income and unemployment rise, trade and industrial activity are also reduced because of the fall of GDP. GDP is gross domestic product and it is the value of all goods and services produce over a set amount of time. Recessions can last for a few weeks or months and sometimes it can turn into years. When a country is in a recession it is in a very bad economic state. </span>
Accounts receivable turnover is the number of times that a company collects its average account receivable per year. The ratio evaluates the ability of a company to issue credit to its customers efficiently and collect funds from them in a timely manner. A high turnover ratio indicates a number of high-quality customers. A low turnover ratio represents a large proportion of clients having financial difficulties. It also indicates an excessive amount of bad debt.
To answer the question -- what is the accounts receivable turnover for the imagine company, use this computation:
Given:
Net Sales - $1,000,000
Beginning Account Receivable =$700,000
Ending Accounts Receivable = $300,000
Let X = Accounts Receivable Turnover
X = Net Sales ÷ ((Beginning Accounts Receivable + Ending Accounts Receivable) / 2)
X= 1,000,000/ (700,000+300,000)/2
X = 1,000,000/ (1,000,000/2)
X = 1,000,000/500,000
X = 2
<span> </span>
Answer:
B. comparative advantage
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
For example, country A produces 20 kg of beans and 5kg of rice. Country B produces 5kg of beans and 20kg of rice.
for country A,
opportunity cost of producing beans = 5/20 = 0.25
opportunity cost of producing rice = 20/5 = 4
for country B,
opportunity cost of producing rice = 5/20 = 0.25
opportunity cost of producing beans = 20/5 = 4
Country A has a comparative advantage in the production of beans and country B has a comparative advantage in the production of rice
The answer is; Purchasing Power Parity.
<em>Hope this helped! :)</em>
