1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Fynjy0 [20]
3 years ago
14

Last year, Nikkola Company had net sales of $2,299,500,000 and cost of goods sold of $1,755,000,000. Nikkola had the following b

alances: January 1 December 31 Accounts receivable $142,650,000 $172,350,000 Inventory 54,374,200 62,625,800 Required: Note: Round answers to one decimal place. Assume 365 days per year. 1. Calculate the average accounts receivable.
Business
1 answer:
viktelen [127]3 years ago
6 0

Answer:

Average receivables = $157,500,000

Explanation:

<em>Account receivable represent the amount of credit made by a business which remain uncollected as at the reporting date. In other words, they represent the amount that customers are owing the business in respect of credit sales.</em>

Average account receivables

=(opening balance + closing balance)/2

=( $142,650,000 + $172,350,000)/2

= 157,500,000.

You might be interested in
You hurt your back at work by falling of a ladder and are out of work for a month
elixir [45]

Answer:

Uh, of course I'm not at work! I brutally broke my back. Ouch.

8 0
3 years ago
Mary invested cash in her new business. which effect will this have?
Licemer1 [7]
Either A or C would be right, because it couldn't be a decrease of the equity.
6 0
3 years ago
Read 2 more answers
What do you expect the level of implied demand uncertainty to be for jasmine rice produced by Thailand at a supermarket? Explain
Tju [1.3M]

Answer:

Implied demand uncertainly resulting uncertainty for the supply chain given the portion of the demand, the supply chain must handle & attributes the customer desires.

Explanation:

Implied demand uncertainly resulting uncertainty for the supply chain given the portion of the demand, the supply chain must handle & attributes the customer desires.

  1. It is related to customer needs & product attributes.
  2. The level of implied demand uncertainly of jasmine rice is low, because the demand& supply of jasmine rice is predictable
  3. The jasmine rice has low contribute margin, accurate demand forecasts, low stock out rates and virtually no markdown.
  4. These characteristics match well with Fisher’s chart of characteristics for product with highly certain demand.
4 0
3 years ago
Determine whether each of the following topics would more likely be studied in microeconomics or microeconomics.
Jlenok [28]

Answer:

<u>The effect of government regulation on a monopolist's production decisions</u>

Explanation:

The effect of a large government budget deficit on the economy's price level

The superavit or deficit of the government is a macroeconomics subject.

The money market is also macroeconomics.

The impact of regulation or specifit taxes or tax extemption on a monopolist's production will be part of microecnomics, because it will impact on which level the monopolist's production finds equilibrium after the legislation.

4 0
3 years ago
What is the primary difference between a static budget and a flexible budget? the static budget contains only fixed costs, while
mrs_skeptik [129]
<span>What is the primary difference between a static budget and a flexible budget? The static budget contains only fixed costs, while the flexible budget contains only variable costs. Flexible budgeting allows for variables to change the budget and allotted costs for the budget. When you have a flexible budget you are understanding of things that could "come up" and have extra </span>money open to use there. In a static budget, you are strict on where your money is spent and you have a budget just for those costs. 
3 0
3 years ago
Other questions:
  • Elisa, an HR manager for a medium-sized company, is assigned to update all job descriptions and job specifications for her compa
    10·1 answer
  • Cuba is a command economy that suffered a decline in economic growth because of a cut in the aid provided by the former Soviet U
    14·1 answer
  • John wants his assessment reduced by 30% since his property is located next to a power plant. The SCAR hearing officer granted J
    7·1 answer
  • A job specification is: a. a group of related activities and duties. b. a statement of the knowledge, skills, and abilities requ
    10·1 answer
  • Penny's candies is showing a p/e ratio of 1.32, while donna's confections has a p/e ratio of 6.7. what is the general mood of in
    14·1 answer
  • Wilson has a 40 percent interest in the assets and income of the CC&amp;W Partnership, and the basis in his partnership interest
    10·1 answer
  • You have a ​$106 comma 000 portfolio comprising 10 stocks. You trade each stock five times this year and each time you​ trade, y
    15·1 answer
  • Why can you win a presidential election without winning the most individual votes?
    13·2 answers
  • ECONOMICS PLEASE HELP TIMED!!!
    11·1 answer
  • My name marsh, ninja
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!