Answer:
The correct answer is 40.6 days. None of the options is correct.
Explanation:
The average collection period of the accounts receivable is how long it takes the company to collect its accounts receivable. It is expressed as: (Average accounts receivable / Net credit sales) x 365 days.
Average collection period = [($760,000 + $840,000)/2 / $7,200,000] x 365 days = 40.6 days
This means it takes the company 40.6 days to collect its accounts receivable.
A good place to look would be independent consumer product review organizations that take an unbiased look at features and performance.
Because north korean economy is weak, and resorces have to be protected.
Answer:
Quek quek is a product from chickens.
Answer:
D. The supply of a product increases as its price increases
Explanation:
Supply is the volume of a product or a service that sellers are willing to sell in the market at a stated price. The law of supply explains the relationship between price and the quantity suppliers are willing to sell.
The law asserts that as the price increases, suppliers will supply more quantities of a product. A price decrease will cause suppliers to supply a lower quantity. Suppliers are profits motivated. A price increase results in higher profits hence more supply.
