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konstantin123 [22]
3 years ago
14

The accounts receivable turnover is computed as __________ divided by __________. sales; accounts receivable sales; average acco

unts receivable sales; net income accounts receivable; net income
Business
1 answer:
tekilochka [14]3 years ago
6 0

Answer:

sales ; average accounts receivables

Explanation:

Accounts receivable turnover refers to how a business firm manage its assets. Businesses, companies uses accounts receivables to know and quantify how perfectly goods bought on credit by their customers are being paid back. It also measures how business gives credit and collects back it's debt .It is calculated as net sales divided by average accounts receivables.

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The following information was available for the year ended December 31, 2019 Net sales Cost of goods sold Average accounts recei
Tom [10]

Answer:

a. Inventory Turnover:

= Cost of goods sold / Average inventory for the year

= 642,400 / 210,000

= 3.06

b. Number of days' sales in inventory

= Ending inventory / (COGS / 365)

= 156,409 / (642,400 / 365)

= 88.9 days

c. Accounts receivable turnover

= Net sales / Average Accounts Receivable

= 1,022,000 / 43,000

= 23.77 times

d. Number of days sales in accounts receivable

= Accounts Receivable at year end / (Net sales / 365)

= 22,400 / (1,022,000 / 365)

= 8 days

3 0
3 years ago
Parne Two large American beer producers have decided to merge and seek government approval. They claim that by joining forces th
leonid [27]

Answer:

The correct answer is letter "A": Beer prices will go down.

Explanation:

Usually, when two large companies merge they take most or almost all part of their market causing a monopoly. This implies the recently-merged company to set the price of the goods according to what they believe is suitable which does not necessarily match with the consumers' expectations. However, for the companies in the case to prove the government that the merger will benefit the economy, they must show that the price of the beer will go down which is the opposite of what is expected under other regular situations.

5 0
3 years ago
A(n) ________ is a tool management uses to assess the potential of a firm's business portfolio. It helps management decide how t
frozen [14]

Answer:

3. portfolio analysis

Explanation:

Some example is portfolio analysis are:

Unilever has a portfolio of supplying tea and ice cream.

Gillette provides shaving products and batteries.

Protfolio analysis is the process by which the portfolio or products of a business are reviewed. It is done to analyse risk and returns. When portfolio analysis is done frequently it helps the business make changes in portfolio allocation based on changing market needs.

4 0
3 years ago
You have just deposited $14,000 into an account that promises to pay you an annual interest rate of 7.1 percent each year for th
aleksandrvk [35]

Answer:

Explanation:

No se

8 0
3 years ago
Brand equity is determined by four aspects of a brand which include ________
siniylev [52]

Answer:

Brand name, loyalty, awareness and attributes.

Explanation:

  • The brand equity is a phrase that is used in marketing and refers to the perceived worth of the brand and has social values and a brand name and has four elements as brand awareness, brand attributes and associations, perceived quality, and brand loyalty.
  • The brand equity and the loyalty of the brand helps to increase the brand awareness and brand name is associate to the awareness of the brand.
7 0
3 years ago
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