A _______________ is a supply chain whose members act like a unified system.

A company has net sales of $1,246,200 and average accounts receivable, net of $402,000. what is its accounts receivable turnover

boyakko [2]

A company has net sales of $1,246,200 and average accounts receivable, net of $402,000. Its accounts receivable turnover for the period will be calculated in the following way =

Accounts Receivable Turnover = Net Sales/Average Accounts Receivable Accounts Receivable Turnover

$1,246,200/$402,000 = 3.10

What is accounts receivable turnover ?

The debtor's turnover ratio, sometimes referred to as the accounts receivable turnover ratio, is an efficiency ratio that assesses how effectively a business uses its assets and, consequently, how effectively it collects revenue.

The average number of times a company collects its accounts receivable during a specific time period is measured by the accounts receivable turnover ratio.

To learn more about accounts receivable turnover ratio click here ;

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6 0

2 years ago

Quantity of Corn Total Utility Marginal Utility Quantity of Steaks Total Utility Marginal Utility

Butoxors [25]

Answer:

The first case the expenditure is under budget whereas in the third case the expenditure is over budget. The budget is only met in the case 2. Therefore the family should purchase 4 steaks and 2 corns.

Explanation:

As the values of the table are not clear, by searching for the question the data is found which is as attached with the question.

Now As the price of both the corn and steak is 1 so the values of Marginal Utility over price will remain same as given in the attached table.

In order to maximize the marginal utility over expenditure(price) , the cases are required where value of marginal utility over expenditure for corn and steak is same.

Thus following 3 cases will maximize the marginal utility over expenditure.

Case No 01: For the Marginal Utility over Expenditure of 16

n_c1=Units of Corn=1

n_s1=Units of Steak=2

Case No 02: For the Marginal Utility over Expenditure of 14

n_c2=Units of Corn=2

n_s2=Units of Steak=4

Case No 03: For the Marginal Utility over Expenditure of 12

n_c3=Units of Corn=3

n_s3=Units of Steak=6

Now as the constraint of budget exists as $6 so the expenditure for all the cases is calculated as below:

Case 01 : With 1 unit of Corn and 2 units of Steak

Expense is given as

$Expense_1=Price_c\times n_{c1}+Price_s\times n_{s1}\\Expense_1=\$1\times 1+\$1\times 2\\Expense_1=\$3$

Case 02 : With 2 units of Corn and 4 units of Steak

Expense is given as

$Expense_2=Price_c\times n_{c2}+Price_s\times n_{s2}\\Expense_2=\$1\times 2+\$1\times 4\\Expense_2=\$6$

Case 03 : With 3 units of Corn and 6 units of Steak

Expense is given as

$Expense_3=Price_c\times n_{c3}+Price_s\times n_{s3}\\Expense_3=\$1\times 3+\$1\times 6\\Expense_3=\$9$

So in the first case the expenditure is under budget where as in the third case the expenditure is over budget.

The budget is only met in the case 2.

Therefore the family should purchase 4 steaks and 2 corns.

8 0

3 years ago

Money market mutual funds

katen-ka-za [31]

Answer:

c. carry no loads.

Explanation:

They are also called as the mutual funds and are open-ended mutual fund investments in short debit security as the U.S treaty bills and the commercial papers.

They are made with the goal of maintaining high stable assets values by liquid investments.

Regulated by the investments company act of the U.S of 1940, are important providers of the liquidity to the financial institutions.

<u>These funds seek to limit the exposure of the losses due to the credit, market, and liquidity risks.</u>

8 0

4 years ago

Heidi plans to purchase a pickup truck. the range available for negotiation is the difference between the sticker price and the

dybincka [34]

The range available for negotiation is the difference between the sticker price and the INVOICE PRICE.
The sticker price refers to the amount of money that a seller attached to a product he wants to sell. The invoice price refers to the price that a company pay to its wholesaler dealer for an item, that is, it is the actual cost of a product. During negotiation, the lowest price that a seller can sell for is the invoice price.<span />

4 0

3 years ago

which of following budget would not be prepared by a retailer? Administrative, Sales, cash, production.

alexgriva [62]

Answer:

Production.

Explanation:

A budget is a financial plan used for the estimation of revenue and expenditures of an individual, organization or government for a specified period of time, often one year.

Basically, budgets are usually compiled, analyzed and re-evaluated on periodic basis.

The key principle of supply chain management can be best summed up as collaboration between multiple firms. Thus, these multiple firms include a company that is saddled with the responsibility of manufacturing, a wholesaler, and a retailer who typically sells the products to the customers or consumers.

A retailer can be defined as an individual or company that buys finished goods directly from a wholesaler and sells directly to the end users (consumers).

In this context, a retailer would prepare an administrative, sales and cash budget but certainly wouldn't prepare a production budget because retailers aren't saddled with the responsibility of producing goods.

Simply stated, a production budget would be prepared by a manufacturer or producer.

8 0

3 years ago