Answer:
46.07 days
Explanation:
Calculation for the firm's days' sales uncollected for the year
Using this formula
Days' Sales Uncollected Ratio = Ending Accounts Receivable/Net Sales * 365
Let plug in the formula
Days' Sales Uncollected Ratio = ($76,422/$605,500) * 365
Days' Sales Uncollected Ratio = 46.067 days
Days' Sales Uncollected Ratio = 46.07 days Approximately
Therefore the firm's days' sales uncollected for the year is: 46.07 days
Answer:
The correct answer is True.
Explanation:
Taking into account that the publicity itself is what it seeks to generate a habit of buying a particular good or service. Because the drug problem is a public health problem, the transmission of this type of advertising is what it seeks to raise awareness in the community about the damage caused by the consumption of psychoactive substances.
The manager of the cost center does not have control over revenue or the use of investment funds.
<h3>What is a Manager?</h3>
A manager is referred as an individual in an organization who controls and coordinates functions and operations and notifies the use of resources in an appropriate manner after assigning them and helps in strategy development.
The manager of the cost center does not have control over revenue or the use of investment funds. Only managing costs within the budget is under the responsibility of a cost center manager.
In order to increase organizational efficiency and make revenue, internal management makes use of cost center data.
Learn more about Managers, here:
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Answer:
Play miniature golf instead of renting the movie.
Explanation: Marginal utility is the added satisfaction derived from spending an extra unit of money.
Now we can see that the consumer values time at $12 per hour, and they'll spend a total of $24 on watching the DVD because this will take 2 hours, the consumer will also spend just $12 on miniature golf because this takes just one hour.
Now factoring the costs of the DVD and the miniature golf into the equation, we have:
Total cost of renting and watching the DVD:
$4 + $24 = $28
Total cost of playing miniature golf:
$13 + $12 = $25
We can see that the consumer will spend less in playing miniature, while getting the same marginal utility with the other option.
The free enterprise system can produce unfavorable effects when they reduce competition and protect inefficient competitors.Also,results are annoying when costs of legal intervention are greater than benefits for the consumers.
I hope it helps.
Thank you
