Answer:
The 50.30 days are required to take its credit customers to pay for their purchases.
Explanation:
For computing the average collection period, we have to use the formula of the average collection period.
Average collection period = Average accounts receivable ÷ Credit sales × total number of days in a year
= $107,900 ÷ $783,000 × 365
= 0.13780 × 365
= 50.30 days
We assume 365 days in a year
The cost of goods sold is irrelevant. Thus, it is not considered in the computation part.
Hence, 50.30 days are required to take its credit customers to pay for their purchases.
Answer:
mechanistic
Explanation:
Mechanistic organization is the organization that is hierarchical and bureaucratic
It is characterized by its;
- Highly centralized authority.
- Formalized procedures and practices.
- Specialized functions.
Mechanistic organizations work well in stable, simple environments. Managers integrate the activities of clearly defined departments through formal channels and in formal meetings. Often, they feature many hierarchical layers and a focus on reporting relationships.
The apps stated above will be marked as <u>Stars </u>on Under Armours Market Growth/Market Share matrix.
<h3>What do <u>STARS </u>mean on the Market Share/Market Growth/BCG Growth-Share Matrix?</h3>
The two keywords which define stars on the matrix are:
Any product that is projected as fast-growing and which comprises a huge portion of the market is referred to as "Stars" on the growth matrix.
Other categories of the growth matrix are:
- Cash Cows
- Dogs (Pets)
- Question Marks
Please see the link below for more about Market Growth Matrix:
brainly.com/question/24515909
Answer:
See explanation section
Explanation:
Three reasons could be causing the opening equity balance high, and those are -
1. Issuing more common stock is one of the significant reasons for the company that causes a large amount in the opening balance of the equity account.
2. Issuing excess preference stock to involve the investors can be the other reason to get a higher amount of beginning equity balance.
3. Making much profit for the prior years, and keeping them with the retained earnings without expanding the business can be the third reason.
