Answer:
a. 8.65 times
b. 42 days
Explanation:
The computation of Receivables turnover ratio and days to collect is shown below:-
a. Receivables turnover ratio = Net sales ÷ Average receivables
= $43,500 ÷ ($5,180 + $4,880) ÷ 2
= $43,500 ÷ ($10,060 ÷ 2)
= $43,500 ÷ $5,030
= 8.65 times
b. Days to collect = 365 ÷ Receivables turnover ratio
= 365 ÷ 8.65 times
= 42 days
Answer:
Ramon can not become a shareholder.
Explanation:
Ramon is a Mexican citizen and can not become a shareholder because he is not a United States citizen (or permanent resident.)
C, the month you’re born has noting to do with it and the done really pay attention to where you live!
Unofficial relationships in organizations can be referred to as ad hoc structures.