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
andreev551 [17]
3 years ago
14

Nash's Trading Post, LLC had a balance in the Accounts Receivable account of $761000 at the beginning of the year and a balance

of $841000 at the end of the year. Net credit sales during the year amounted to $3204000. The accounts receivable turnover was
Business
1 answer:
WARRIOR [948]3 years ago
8 0

Answer:

4

Explanation:

receivable turnover = net credit sales / average inventory

avarage iventory = ($761000 + $841000)  / 2 = $801,000

$3,204,000 / $801,000 =  4

You might be interested in
Fill in the Blank
Gnesinka [82]

Evidence of one's claim to authority or competence, such as a diploma, degree, certification, or license is known as the credential.

<h3>What is the evidence?</h3>

Evidence is the term that means to show or to prove that a particular thing is true or is in existence. For better understanding, a few illustrations can be taken. Like They found evidence of a robbery, in the room footprints of three persons present, and many more.

In any courtroom for making the case strong, one has to present evidence that is real like fingerprints, blood samples, DNA, a knife, a gun, and other physical objects.

There are basically two types of evidence, which include Oral and Documentary evidence. Documents that include electronic records are documentary evidence.

Thus, all the names given in the statement are of documentary evidence or credential.

Learn more about evidence from here:

brainly.com/question/6764645

#SPJ1

7 0
2 years ago
A(n) ______ indicates the maximum quantity of a product that may be brought into a country during a specific time period:
mash [69]

What indicates the maximum quantity of a product that may be brought into a country in a specific period is a quota.

<h3>What does quota mean?</h3>

A quota is the maximum monetary value of a good and service that can be imported into a country for a  specific period.

The purpose of a quota is to restrict the amount of import into a country so as to boost local production of the good for which the quota is placed. Quotas also limit foreign competition.

To learn more about imports, please check: brainly.com/question/26497713

5 0
2 years ago
Which economic system best defines: Lowest amount of economic freedom?
Dafna11 [192]

Answer:

command economy

Explanation:

In a command economy, the government is the only determinant of what is to be produced, its quantity, and price.  All the factors of production belong to the government. The government or the central authority creates a central plan that guides all country's economic activities and decisions.

The private sector is absent in a command economy. The government is the only employer. Citizens do not have the freedom to choose what to buy, but rather what is available.

6 0
3 years ago
Can you use a Go Pro at sea world with a chest mount
stira [4]
You can use a GoPro<span> at Disney as long as it isn't on a selfie stick/gopole. If </span>you<span> have it on a </span>chest mount<span>, head mount, wrist or hand mount it is ok.</span>
8 0
4 years ago
g When a monopolistically competitive industry is in long-run equilibrium: Multiple Choice price equals marginal cost. firms ear
kozerog [31]

Answer:

price equals minimum average total cost

Explanation:

As we know that in the short run, the firms earns the economic profit but in the long run  when a new firm is entered into the indusry and there is a market share so the demand of the market is to be shared by each firm due to which the demand would be less

So this represents that price is equivalent to the average total cost

Hence, the last option is correct

8 0
3 years ago
Other questions:
  • The accounting measure of a firm's equity value generated by applying accounting principles to asset and liability acquisitions
    11·1 answer
  • ___________ is a process used to test consumer reactions about a product among potential users.
    11·2 answers
  • Tim Mattke Company began operations in 2018 and for simplicity reasons, adopted weighted-average pricing for inventory. In 2020,
    6·1 answer
  • During December, Far West Services makes a $1,600 credit sale. The state sales tax rate is 6% and the local sales tax rate is 2.
    15·1 answer
  • What should i do for college?
    13·1 answer
  • The main disadvantage of an emissions tax is that :______.a) the total pollution reduction from an emissions tax cannot be known
    13·1 answer
  • On January 1, Greene Inc. issued $5,000,000, 9% bonds for $4,685,000. The market rate of interest for these bonds is 10%. Intere
    12·1 answer
  • Why have labot and management tended to treat each other as adversaries in the U,S. labor relations system?
    5·1 answer
  • Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. The in
    10·1 answer
  • For the year, movers united has net income of $31,800, net new equity of $7,500, and an addition to retained earnings of $24,200
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!