<u>Calculation of Days Payable Outstanding:</u>
Days Payable Outstanding can be calculated using the following formula:
Days Payable Outstanding = (Accounts
Payable *365) / Cost of Goods Sold
= (8,773*365)/45,821
= 69.88
Hence, Days Payable Outstanding is 69.88 days. We can say that it takes on average<u> 69.88 </u>days to the company to pay off its suppliers during the year.
Answer:
1. Profit
2. Business
Explanation:
Profit may be defined as the income which is distributed to the owner in the production process of a profitable market. In other words it is the extra revenue generated by the company that is in excess of the money spend as expenses. It is the difference between the earned income and the costs.
Business is a regular work or occupation or trade of a person. It refers to an organized efforts as well as the activities of any individual to produce the goods and services and sell them for a profit.
Answer:
cognitive dissonance
Explanation:
Cognitive dissonance -
It is a type of mental stress which is felt by a person , who have two or more contradictory ideas or beliefs regarding any action , is known as cognitive dissonance .
This problem increases due to any new idea or new approach .
hence , from the question , Jamie , being a good salesperson , after selling the car , wait at least for a week and then call the customer to to insure them for their good decision .
Hence , Jamie is trying to reduce cognitive dissonance .
Answer:
A monopolistically competitive industry is characterized by
a. many firms selling products that are similar but not identical.
Explanation:
A monopolistic competition is a form of imperfect competition with many firms operating in the industry. For such an industry, the goods or services are differentiated, such that one firm's goods or services can easily be associated with the producer. This is mostly achieved through branding and the use of trademarks. Each firm, therefore, competes with many other competitors, but they limit their competition by differentiating their products so that consumers would have preference for one against the other, depending on their perceived value.
The required rate of return on the stock of Dell company is come out to be 8.89%.
<h3>What is a stock?</h3>
Stock represents the number of shares being owned by an investor in the company on which it gets the dividends.
Given values for step 1:
The required rate of return: 12%
Beta factor: 1.40
Risk-free rate: 4.75%
<u>Step-1</u> Computation of market risk premium:
Given values for step 2:
Market risk premium: 5.18%
Beta factor: 0.80
Risk-free rate: 4.75%
<u>Step-2</u> Computation of required rate of return:
Therefore, the return of 8.89% comes out to be the required rate of return for the stock of Dell Company.
Learn more about the required rate of return in the related link:
brainly.com/question/14667431
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