<u>Calculation of Days Payable Outstanding:</u>
Days Payable Outstanding can be calculated using the following formula:
Days Payable Outstanding = (Accounts
Payable *365) / Cost of Goods Sold
= (8,773*365)/45,821
= 69.88
Hence, Days Payable Outstanding is 69.88 days. We can say that it takes on average<u> 69.88 </u>days to the company to pay off its suppliers during the year.
Answer:
C
Explanation:
An increase in underdeveloped countries cannot be the reason why businesses would expand abroad because there wont be as much potential buyers in underdeveloped economies as they have very low capita income and most of the residents live in very poor conditions. But however other options are valid because favorable trade agreements and developed transportation and IT makes the international trade easy and beneficial to both the buyer and the seller. Moreover, when domestic markets matures, the rate of growth slows down and falls to zero. this is when the businesses want to emerge and find new markets abroad in order to benefit from the trade as in matured market there is less chance for businesses to grow and it becomes risky
Answer:
A) Under no circumstances
Explanation:
Major Construction & Manufacturing Corporation makes a side payment to a government official in India. Under the Foreign Corrupt Practices Act, this is permitted Under no circumstances
Answer:
a. A decrease in demand from D1 to D2 results in- excess supply.
b. This causes the price to- fall
c. This change in price results in in quantity demanded along the D2 demand curve.- an increase
d. This change in price results in in quantity supplied.- a decrease
e. The new equilibrium has a and a when compared to the original equilibrium. -Lower price, lower quanity
f. Does this refute the law of demand: . No
g. Why: Because there was a change in demand
Explanation:
The leading and utmost comprehensive regional free trade area is in europe. A free-trade area is the region surrounding a trade bloc whose associate nations have contracted a free-trade agreement or (FTA). Such arrangements include collaboration among at least two countries to reduce trade barriers import quotas and tariffs and to upsurge trade of goods and services with each other.