Yes, as the trees develop and the harvest draws nearer, the farmer will gain from an increase in the value of the private property.
What do you mean by Private property?
Real estate that is owned by people or organisations other than the government is referred to as private property. Land, buildings, things, and intellectual property are all examples of private property (copyright, patent, trademark, and trade secrets). Private property is often given away, sold, or transferred with the owner's permission.
To learn more about Private property
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Yes of course. When people are given a higher salary there is a much better chance of them to work more. Look at it this way: If someone pays you $8 an hour and someone else pays you $10 for the same exact job, which one are you most likely going to choose? The second one, right? And with that higher pay per hour will most likely result in better work ethic and more production.
An advertisement. Advertisements are always trying to get you to switch brands.
Answer:
5.7 times
Explanation:
Computation of George Company accounts receivable turnover for the year.
First step
Net sales - Amount collected on Account receivable
$200,000-$180,000
=$20,000
Thus,
Opening Balance of Accounts Receivable
$25,000+$20,000
=$45,000
Second step is to calculate for Account Receivable Turnover
$200,000 ÷ [($25,000 + $45,000) ÷ 2]
$200,000÷($70,000÷2)
$200,000÷$35,000
= 5.7 times
Therefore the accounts receivable turnover for the year will be 5.7 times
