Answer:
$ 182,000
Explanation:
the explanation is shown in the attached file
Answer:
Part a.
Accounts receivable turnover ratio is the shows how many times accounts receivable can be converted in to cash during the period. The formula for calculating the same is given below.
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 $5,170 $39,046
Average Accounts Receivable $517 $2,606
Accounts Receivable Turnover rate 10 14.98
Part b.
Day's sale outstanding shows the average number of days taken to collect the accounts receivable. The formula for calculating the same is given below.
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 $5,170 $39,046
Average Accounts Receivable $517 $2,606
Day's sale outstanding 36.5 24.36
The benefit that john gets from eating an additional grape is called the marginal utility of the grape
Marginal utility is the added satisfaction that a consumer gets from having one more unit of a good or service. The concept of marginal utility is used by economists to determine how much of an item consumers are willing to purchase.
The main types of marginal utility include positive marginal utility, zero marginal utility, and negative marginal utility. Consumers often experience higher marginal utility when marginal cost is lower. In this case the extra grape consumed is the added satisfaction that is experienced by john.The positive marginal utility indicates that every unit of goods or services consumed will increase the overall utility level.
Learn more about marginal utility at
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It controls the money supply
Answer: The correct answer is "D. may be "playing it safe" because of concern about the Robinson-Patman Act.".
Explanation: A large producer who offers no discounts and the same prices to all customers in the U.S.: may be "playing it safe" because of concern about the Robinson-Patman Act.
This law prohibits anti-competitive practices of producers, especially price discrimination. It was developed from practices in which store chains could buy products at lower prices than other retailers.
