1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
34kurt
3 years ago
9

Everdeen Inc. has a 90-day operating cycle. If its average age of inventory is 35 days, how long is its average collection perio

d
Business
1 answer:
mart [117]3 years ago
5 0

Answer:

8.6 days

Explanation:

The formula for average collection period

= Average received turnover ratio / 365 daya

= 90 × 35 / 365

= 8.6 days

You might be interested in
Suppose you would like to make a global change to the font type and font color for all slides with the comparison layout. Which
Svetllana [295]

Answer:

D. Use slide master.

Explanation:

Edge

7 0
3 years ago
Which of the following refers to how hard it is to get accepted or get into a 4 year college?
IceJOKER [234]
A=<span>is an expression of the ease with which alternating current flows through a complex circuit or system.
B=</span><span>Student–teacher ratio or student–faculty ratio is the number of students who attend a school or university divided by the number of teachers in the institution
so the answer will be B
hope this helps.
</span>
7 0
3 years ago
The primary difference between a periodic and perpetual inventory system is that a periodic systemA)keeps a record showing the i
pishuonlain [190]

Answer:

D)determines the inventory on hand only at the end of the accounting period.

Explanation:

Due to the fact of <em>inflation, </em>change of prices over time, a periodic inventory system does not provide a better record over the cost of inventory because it is only determined once in the accounting period, usually at the end of it.

Meanwhile, a perpetual inventory system keeps a record showing the inventory at all time. That is every time a sale is made, cost of goods sold (cogs) is determined.

So if a business does not need to wait until the end of the accounting period to check (cogs),  it is better to use a perpetual system.

5 0
3 years ago
When a pizza maker lists the price of a pizza as $10, this is an example of using money as a:
RideAnS [48]

When a pizza maker lists the price of a pizza as $10, this is an example of using money as a unit of account

<h3>What is a unit of account?</h3>

A unit of account is a standard numerical unit of money used for measuring goods and services.

According to the question, the price of the pizza is a unit of account because it was used to measure the price of the goods.

Learn more on unit of account here; brainly.com/question/12730352

#SPJ12

8 0
2 years ago
Suppose real GDP is forecasted to grow by 2.78 %, the velocity of money has been stable, and the Fed announces an inflation targ
Vadim26 [7]

Answer: 6.48%

Explanation:

This can be solved using the Quantity theory of money;

MV = PY

When dealing with changes, formula changes to;

% change in Money Supply + %change in velocity = %change in price + %change in real GDP

Velocity has been stable so will be zero.

change in money supply = 3.70% + 2.78%

= 6.48%

6 0
3 years ago
Other questions:
  • Cheyenne has a home insured for $300,000. It would cost $320,000 to rebuild her home. If she has home insurance that provides pe
    11·1 answer
  • Horses and Harnesses wanted to increase its price for hand-made saddles, but it knew its customers were very price sensitive, so
    14·1 answer
  • Think about an important current event that you may have heard about recently. Describe at least two economic effects that the e
    7·1 answer
  • David borrows $230,000 to buy a house. The mortgage rate is 4.5 percent and the loan period is 25 years. Payments are made month
    6·1 answer
  • Which of the following characteristics of culture is NOT readily observable?
    8·2 answers
  • The development group in a​ company's IS department is staffed primarily by​ programmers, test​ engineers, technical​ writers, a
    15·1 answer
  • Why are cigarettes sold in gas stations when smoking is prohibited there?
    10·2 answers
  • The subject is a 15 year old duplex that would cost $240,000 to build new today. It is in good condition and you estimate the ef
    10·1 answer
  • I need help please &lt;3 I give brainly
    8·1 answer
  • PLEASE HELPPP
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!