Answer:
28.6 days
Explanation:
Avg Receivables= Beg Receivables + Ending Receivables /2
=65,800+73,000/2
=$138,800/2
=$69,400
Receivable turn over= Net Sales/ Avg Receivables
=884,000/69,400
=12.74
days to collect during year= 365/ Receivable turn over =365/12.7
=28.6 days
Economics is a social science concerned with the production, distribution, and consumption of goods and services. ... Economics can generally be broken down into macroeconomics, which concentrates on the behavior of the economy as a whole, and microeconomics, which focuses on individual people and businesses.
Because it has low risk and high opportunities :)
Answer:
b) $250
Explanation:
Based on the information given the value, if any, that should be assigned to the press as an INITIAL COST of the new project will be the amount of $250 which represent the amount that we were told the firm could get for the press as scrap metal reason been that the machine tend to utilizes old technology.
Therefore The amount that should be assigned to the press as an initial cost of the new project is $250
Answer:
- total contribution margin will increase by $0.70
- net operating income will increase by $0.70
Explanation:
