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neonofarm [45]
3 years ago
5

Net credit sales $120,000 Average accounts receivable 20,000 Cash collections on credit sales 100,000 What is the receivables tu

rnover ratio
Business
1 answer:
Kazeer [188]3 years ago
4 0

Answer:

6:1

Explanation:

Net credit sales is $120,000

Account receivable is $20,000

Cash collection on credit sales is $100,000

.

Therefore the receivables turnover ratio can be calculated as follows

= 120,000/20,000

= 6:1

Hence receivable turnover ratio is 6:1

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Over a certain period, large-company stocks had an average return of 12.14 percent, the average risk-free rate was 2.49 percent,
tatyana61 [14]

Answer:

14.6 percent

Explanation:

Data provided in the question

The average return of large-company stock = 12.14 percent

The average risk-free rate of return = 2.49 percent

The average return of small-company stock = 17.09 percent

By considering the above information, the risk premium is  

= Average return of small-company stock - Average risk-free rate of return

= 17.09 percent - 2.49 percent  

= 14.6 percent

This is the answer but the same is not provided in the given options

We simply deduct the risk-free rate of return from the market return so that the risk premium could come

6 0
4 years ago
The calculation of WACC involves calculating the weighted average of the required rates of return on debt, preferred stock, and
FinnZ [79.3K]

Answer:

37.88 %

Explanation:

The weight on preferred stock mean, what percentage out of the Total Market Value of the Sources of Capital pooled together is taken by Preferred Stock.

Weight on preferred stock = Market Value of Preferred Stock / Total Market Value of Sources of Capital x 100

where,

Market Value of Preferred Stock = $2.5 million

and

Total Market Value of Sources of Capital :

Debt                            $2.3 million

Preferred Stock         $2.5 million

Common Equity          $1.8 million

Total                            $6.6 million

therefore,

Weight on preferred stock = $2.5 million / $6.6 million x 100 = 37.88 %

8 0
3 years ago
During the month of March 2017, Weimar World, a tax-preparation service, had the following transactions. * Billed $496,000 in re
Vadim26 [7]

Answer:

A. $302,000

Explanation:

The computation of the net income under accrual basis accounting is shown below:

= Billed in revenues on credit - incurred expenses

= $496,000 - $194,000

= $302,000

The prepaid expenses and the received amount would not be considered in the computation part. Hence, ignored it

Only revenues on credit and incurred expenses are considered in the computation part. No other item values would be  taken.

8 0
3 years ago
Why do countries trade?​
Helen [10]

Answer:

Most of the time it's simply for goods another country has that they don't.

Explanation:

Back around 1500 china traded with places like Europe, Africa and other parts of Asia simply for different spices and resources.

8 0
3 years ago
Ronald, the CEO of Extel Micro—a technology provider with 17,000 employees—answers his own phone and takes calls from employees
Simora [160]

Answer:

The correct answer is the option A: creating an organizational culture that rewards listening.

Explanation:

On one hand, the term <em>organizational culture</em> is the name given to refers to the combination of beliefs, values, behaviors and more that form the unique social and, most important, psychological environment of an organization. It basicaly describes the way that things are done inside the organization and how they manage to handle specific situations, according with the ethics of the organization already established.

On the other hand, the CEO Ronald is trying to build teamwork by improving the listening process from the superiors to the workers of every level so in that way he teaches the importance of being heard and being part of the company no matter the position of the worker. It is understandable that <em>he enforces the organizational culture of the company by creating and environment where every person has something important to say and therefore they need to be listen. </em>

6 0
3 years ago
Read 2 more answers
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