Answer:
13.34
Explanation:
In this question, we are told to compute the account receivable turnover at the end of the year.
To calculate this , we proceed using a mathematical approach;
mathematically;
Accounts receivable turnover = Net Sale / (Average accounts receivable)
From the question, we can identify that the net sale is $12,442,000,000 while the average accounts receivable which is the average of the account receivable at the start of the year and that at the beginning of the year
= $ 12442000000 / (912000000 + 953000000)/2
= $ 12442000000 / 932500000
= 13.34
Answer:
a. $129,500
Explanation:
Conversion costs includes all those costs which are used to convert the raw material into the finished goods. All the manufacturing costs excluding material costs are included in the conversion cost.
Total Conversion Cost is calculated as follow:
Direct Labor cost $84,000
Add: Applied Factory overheads <u>$45,500</u>
Total Conversion cost <u>$129,500</u>
Answer:
b. opportunity cost
Explanation:
<u>The opportunity cost is a term for a process when one thing is chosen and the other alternatives are lost as a cost. </u><u>This is one of the key concepts in economics</u>, as it explains the gain, costs, benefits, and choices. It doesn’t only have to refer to the money cost, but to any loss, that is made during the process of choosing between the alternatives.
The profit and benefits of other choices are lost by making a decision to chose one thing, and benefiting it from it alone.
Assuming you're talking about the US justice system . . . individuals still have rights when they are accused of criminal acts because our justice system requires that each individual be innocent until proven guilty in a court of law. Until such point that they are proven guilty, they are assumed innocent, and are entitled to the same rights as you or I am, having not committed any criminal acts. . . . THEY HAVE TO BE PROVEN GUILTY FIRST BEFORE THEY LOSE ANY RIGHTS AS A CITIZEN
Answer:
A is the correct answer.
Explanation:
Oligopoly is the market form in which a small number of large sellers dominate. It results in the reduction of the competition and leads to higher prices for consumers. they have their market structure. In oligopoly each firm stays aware of others, hence their decisions influence others and vice versa. The developed economies are dominated by Oligopolies. For example, if the total market share of the American telecom companies (Verizon wireless, AT and T and T mobile ) is combined, it comes out to be more than ninety percent.
