1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ale4655 [162]
3 years ago
6

Marion Industries has an average accounts receivable turnover ratio of 12 times per year whereas most of its competitors have a

ratio nearer to 8 times. This suggests that Marion's management should consider: multiple choice using stricter credit terms more aggressive collection efforts to avoid having its resources tied up in accounts receivable using more liberal credit terms to increase sales the need to sell for cash rather than on credit
Business
1 answer:
deff fn [24]3 years ago
5 0

Answer:

C. using more liberal credit terms to increase sales

Explanation:

According to the question  it is given that the ratio of account receivable turnover has measured that comes 12 times which means it took 30 days

= 365 ÷ 12

= 30.41

= 30 days

But according to the competition, the ratio of account receivable turnover is 8 times so the competitor took 45 days

Therefore the Management of marian would have more liberal credit terms that would increase the sales

You might be interested in
This type of pay is defined as added pay for employees that have reached the maximum of a pay grade and are unlikely to move int
Anna71 [15]
The answer is <span>longevity pay.</span>
5 0
3 years ago
True or False: Cutting advertising expenses often causes an erosion of profit
cupoosta [38]

Answer:

So True

Explanation:

8 0
2 years ago
NEED HELP ASAP THANK YOU
solniwko [45]

Answer:

a

Explanation:

5 0
3 years ago
If you were starting a new business, describe at least three departments to the company that you would need right away. Why are
Natali [406]

Answer:

I would need a computer and then a laptop to work fast as I can and that will make me get more money

7 0
3 years ago
What is the name of the Inca tot of stock market prices that averages 30 selected industrial stocks?
nydimaria [60]

Answer:

C

Explanation:

I'm smart boy that's y because y = u and u nedda pay attention in class blood

6 0
3 years ago
Other questions:
  • Bakit mahirap na matamo ang kaganapang pantao​
    10·1 answer
  • Describe how you can spend wisely or improve your spending habits.
    14·2 answers
  • Home Baked Bread Company hires Craig to sell the company's products in a certain area. Home Baked Bread agrees to pay Craig a sa
    12·1 answer
  • UBS buy-side analyst Christopher Dixon is following a mature telecommunications company TFI Inc in 2016. UBS estimates 1.5 for T
    12·1 answer
  • The Nicor family is planning to purchase a new home 7 years from now. If they have $240,000 now, how much will be available at t
    15·1 answer
  • Lyon Manufacturing Company produces products A, B, C, and D through a joint process. The joint costs amount to $100,000. Product
    9·1 answer
  • Alguien para hablar estoy sola
    10·1 answer
  • Two firms, Boomburgs and ABC X-Plode, both sell the same fireworks bundle. If they sell their fireworks at the manufacturer's su
    11·1 answer
  • You are trying to explain to your friend the difference between managers and leaders. You would be most accurate in saying _____
    11·1 answer
  • A cost incurred in the past that is not relevant to any current decision is classified as a(n):_________
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!