<u>Calculation of Days Payable Outstanding:</u>
Days Payable Outstanding can be calculated using the following formula:
Days Payable Outstanding = (Accounts
Payable *365) / Cost of Goods Sold
= (8,773*365)/45,821
= 69.88
Hence, Days Payable Outstanding is 69.88 days. We can say that it takes on average<u> 69.88 </u>days to the company to pay off its suppliers during the year.
Answer :
The owners of a corporation are the __________ (shareholders of the company, board of directors, or management team members). The primary goal of the corporate management team is to (minimize or maximize) the shareholder's wealth by __________ (minimizing or maximizing) the company's (employee retention and efficiency, company's stock price, or company's production costs) over the long run.
Explanation :
Shareholders are the primary owners of the company who have company's common stock with expectation on their investment in form of dividends and share appreciation.
The primary goal of the corporate management team is to maximize the wealth of their principal (shareholders) who have entrusted them with their fortunes .
Shareholders' wealth maximization objective is achieved when management team invest in a viable project or reduce the operating costs of the company.
Answer: Option D
Explanation: Globalization refers to the free interaction among different countries of the world. Globalization results in free transfer of resources and technology around the world.
Due to globalization a consumer of India can enjoy a product or service provided by a supplier of america. Thus, the competition increases to its best because off globalization. Therefore, the consumers are willing to purchase the best product in the market. resulting in increase in quality and decrease in cost.
Hence from the above we can conclude that the correct option is D.
Answer:
D both A and b
Explanation:
For the fire inspectors, not only are they expected to confirm that appropriate materials are being used but also, to ensure that the quality are top notch. This is to prevent outbreak of fire. For example, in a place where metal bin with lid are to be used, if plastic bin is being used, there is high chances of fire outbreak occurring when a used cigarette stick is thrown into it.
