The receivables turnover ratio is an
activity ratio computing how proficiently a firm uses its assets.
Receivables turnover ratio can be calculated by:
net value of credit sales during a given period divided by the average
accounts receivables.
Receivables turnover = sales / receivable
= 4,515,830 / 336,500
= 13.42
Days’ sales in receivables = 365 days/ receivable turnover
= 365 / 13.42
= 27.20
The average collection period is 27.20 days.
Whose responsibility is it to provide and pay for Personal Protective Equipment (PPE)? The company/organization is required by OSHA that they purchase PPE and protect their employees. Personal protective equipment is equipment that protects people while working on the job. These items can be, but not limited to, gloves, safety glasses, shoes, earplugs, vests and much more. PPE includes items that are worn to limit hazardous materials being exposed to workers.
Answer:E. POLICYMAKERS WILL TAKE ACTIONS THAT ARE LIKELY TO RESULT IN THEIR BEING RE-ELECTED
Explanation: Public choice model suggests that public officials like political office holders will most likely use ECONOMIC POLICIES to ensure they achieve a personal desire or desires such RE-ELECTION.
Public office holders have come to realize that Voters choice are influenced by Government policies,they always want to implement policies that will influence the choice of voters.
