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2 years ago

There is said to be demand for a good if a consumer is ready and willing to buy product

Business

2 answers:

Phoenix [80]2 years ago

7 0

Answer:

That statement is true.

Explanation:

In business , demands represent's the customers' need and desire to purchase a certain product at a certain price level.

In the free market economy, Customers' demand will determine the actions that will be taken by the producer. If the producer able to provide that product at an acceptable price level, the customers will buy it. If not, than the customers will find an alternative for that product.

masya89 [10]2 years ago

7 0

Answer:

"There is said to be demand for a good if a consumer is ready and willing to buy product"

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Assume selected financial data for Sun Health Group and Select Medical Corporation, two companies in the health-care industry, a

SVEN [57.7K]

Answer and Explanation:

The computation of receivables turnover ratio and average collection period for Sun Health and Select Medical is shown below:-

For Sun health

Accounts Receivables Turnover Ratio = Net Sales ÷ Average Accounts Receivables

= Net Sales ÷ ((Accounts Receivables at the beginning + Accounts Receivables at the end) ÷ 2)

= $3,630 ÷ (($300 + $287) ÷ 2)

= $3,630 ÷ 293.5

= 12.4 times

Average Collection Period = Number of days in a year ÷ Accounts Receivables Turnover Ratio

= 365 ÷ 12.37 times

= 29.5 days

For Sun medical

Accounts Receivables Turnover Ratio = Net Sales ÷ Average Accounts Receivables

= Net Sales ÷ ((Accounts Receivables at the beginning + Accounts Receivables at the end) ÷ 2)

= $3,940 ÷ (($499 + $438) ÷ 2)

= $3,940 ÷ 468.5

= 8.4 times

Average Collection Period = Number of days in a year ÷ Accounts Receivables Turnover Ratio

= 365 ÷ 8.41 times

= 43.4 days

6 0

3 years ago

Petras Company engaged in the following transactions during 2012, its first year in operations: (Assume all transactions are cas

Oksana_A [137]

Answer:

The net cash inflow from financing activities on Petras's 2013 statement of cash flows is $5. So, the correct option is A.

Explanation:

Petras Company

Statement of cash flows (extract)

Proceed from the issue of common stock $325

Repayment of outstanding debt ($220)

Dividends paid ($100)

Net cash inflow from financing activities $5

Note that earned revenues and incurred expenses would form the net income used under operating activities section of the cash flows.

The prior year values for there for comparative purpose only.

5 0

2 years ago

Which of the following companies offers the greatest total employment compensation? Company A Company B Company C Company D Gros

lisov135 [29]

Answer:

Company C

Explanation:

To calculate the total employment compensation each company offers, add all the corresponding benefits and subract all the corresponding expenses:

Company A Company B Company C Company D

Gross Pay $37,600 $36,800 $38,100 $39,000

Paid insurance $2,800 $2,400 $2,100 $1,800

Paid time off $3,100 $3,600 $2,900 $2,500

Job expenses $1,200 $600 $300 $800

Company A:

$37,600 + $2,800 + $3,100 - $1,200 = $42,300

Company B:

$36,800 + $2,400 + $3,600 - $600 = $42,200

Company C:

$38,100 + $2,100 + $2,900 - $300 = $42,800

Company D:

$39,000 + $1,800 + $2,500 - $800 = $42,500

The greatest total employment compensation is that of Company C ($42,800)

7 0

2 years ago

3 x square minus 2 root 6 X + 2 = 0

IRISSAK [1]

Answer:

-0.8462

Explanation:

5 0

2 years ago

Read 2 more answers

Schaeffer Shippers announced on May 1 that it will pay a dividend of $1.20 per share on June 15 to all holders on record as of M

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Answer:

$41.14

Explanation:

Declared dividend per share = $1.20

Tax on declared dividend per share = $1.20 * 28% = $0.3360

Net Declared dividend per share = $1.20 - $0.3360 = $ 0.864

Firm's closing stock price per share today = $42

Opening share price tomorrow = $42 - $0.8640 = $41.1360, approximately $41.14.

7 0

3 years ago