Answer:
A) Accounts receivable turnover ratio = Net credit sales / Average accounts receivable
The following table shows the accounts receivable turnover ratio of MCB and ABI:
Particulars MCB ABI
Net sales $8320 $17400
Average Accounts Receivable $720 $900
Accounts Receivable Turnover rate 11.5 19.3
B)
Day's sale outstanding = Accounts receivable / Total credit sales × 365
The following table shows the days sale outstanding of MCB and ABI:
Particulars MCB ABI
Net sales $8,320 $17,400
Average Accounts Receivable $720 $900
Day's sale outstanding 31.58 18.88
Explanation:
<span>The marginal product of the previous coach would have been negative because the removal of the last coach improved the performance of the runners which had decreased owing to negative marginal product of the coach.</span>
Answer:
Explanation:
1) The total cost of reducing runoff if the farmers are not allowed to trade permits is:
total loss = farmer A' loss + farmer B's loss
where:
- farmer A's loss = (100 - 50) x $25 = $1,250
- farmer B's loss = (100 - 50) x $50 = $2,500
total loss = $1,250 + $2,500 = $3,750
2) The total cost of reducing runoff if the farmers are allowed to trade permits is:
Since farmer A will be willing to sell his permits to farmer B for a price that is ≥ $25 and ≤ $50, the total cost of reducing runoff is $2,500.
If farmer A sells his runoff permit at a price higher than $25 his costs will decrease but farmer B's costs will increase, so any gain due to price change is offset by the other farmer's loss.
Gingerfy it’s called gingerly when they tear down broken down buildings
