Answer:$10,350
Explanation:
3,450* 3 (month minimum) = 10,350
Answer:
Equivalent units in the month of August using weighted average = 67,000
Explanation:
Using the weighted average method we have,
Opening equivalent units for material = 8,000 as materials are added in the beginning of the process.
Completed and transferred = 69,000
Out of which 8,000 were from opening
Therefore equivalent units = 69,000 - 8,000 = 61,000
Closing inventory = 6,000 again this will also be 100 % complete for materials as the material is added in beginning.
Total equivalent units in the month of August using weighted average = 61,000 + 6,000 = 67,000
Answer: There would be an increase on return on investment (ROI) if current assets decrease while everything else remains the same
Explanation: This is because when the profit(returns) is constant, but the assets drops in value, the new ROI will be relative drop in value of asset.
There are eight types of management in business. <span />
4.4 are going to be the period for accounts receivable turnover .
<h3>Evaluating :</h3>
Account receivable turnover = income ÷ average account receivable
$726,000 ÷ $165,000
= 4.4
<h3>How do I determine the turnover of accounts receivable?</h3>
Net sales are divided by the average amount of accounts receivable to arrive at the AR Turnover Ratio.
Sales on credit are wont to determine net sales.
- sales allowances - sales returns
<h3>What does a turnover ratio for assets mean?</h3>
The efficiency with which a business is in a position to collect on its receivables or the credit it gives to clients is measured by the receivables turnover ratio.
The ratio also counts the amount of times a company's receivables are turned into cash during a specific time period.
<h3>What is measured by the turnover of accounts receivable?</h3>
Receivables Accounts Indicator of how frequently receivables are received and paid throughout the period; calculated by dividing income by average accounts receivable. Turnover measure of both the standard and liquidity of receivables.
Learn more about Account receivable :
brainly.com/question/24848903
#SPJ4