Answer:
The company's average days to collect receivables is 18.25 days.
Explanation:
For computing the company's average days to collect receivables, first we have to calculate the account receivable turnover ratio. The formula is shown below
Account Receivable Turnover ratio = Net credit Sales ÷ Average accounts receivable
where,
Net credit sales is given
And, the average accounts receivable = (Year 1 + Year 2) ÷ 2
= ($15,000 + $12,000) ÷ 2
= $13,500
So, Account Receivable Turnover ratio = $270,000 ÷ $13,500 = 20
Now, average days to collect receivables = Number of days in a year ÷ Account Receivable Turnover ratio
= 365 ÷ 20
= 18.25 days
Hence, the company's average days to collect receivables is 18.25 days.
Answer:
The correct answer is option (d)
Explanation:
From the given question which is described as follows:if the disposal of this pollutant is unregulated, then which of the following statements about the dry cleaning market are correct
The following statements are true if the negative externality or external has not been considered which would mean there is an overproduction at a price less or lesser than the true cost. This is to say that, the marginal social cost is greater than marginal private costs
Note: Kindly find an attached diagram that is apart of a solution to this question
Depends on the bank that issued your card. You might want to talk to your card issuer's customer support.
I believe the answer is Monopolist.