Answer: Average collection period = 36.69 Days
Explanation:
Given that,
Beginning accounts receivable balance = $14,000
Last year sales = $184,000
Ending accounts receivable balance = $23,000
Therefore,
Average accounts receivable:
= 
= 
= $18,500
Here we are assuming 365 days in a year.
Average collection period = 
= 
= 36.69
∴ Average collection period = 36.69 Days
Answer:
B. knowledge capital is both nonrival and nonexcludable; other firms can freely access the research and development of one particular firm.
Explanation:
Knowledge and capital are non-exclusive, firms may in the long run have access to research and development by other firms. In the short term, companies may be protected by patents. However, in the long run, patents expire and scientific knowledge becomes a common good, so everyone can have access. This acts as a disincentive for firms to invest in research and development. For economic growth the effect is very bad, since if all firms invested in knowledge, productivity would tend to increase significantly, increasing the GDP and wealth of nations.
Answer:
Choice A would be the right response to either the following statement.
Explanation:
- This theory seems to be a hypothesis that implies that shareholders will seek a higher rate of return as well as premiums on high-term securities with significantly increased risk maturity since, if all other considerations are similar, investors choose cash and perhaps other extremely liquid assets.
- Even if there is an excess of capital, the inflation rate would have been over stability, as well as the amount of money needed would have been too increasing for stability.
The other choices are not relevant to the situation in question. So choice A is the right one.
