Business, 10.08.2021 03:10 Nakieapowell1276
During the current accounting period, revenue from credit sales is $771,000. The accounts receivable balance is $52,480 at the beginning of the period and $62,200 at the end of the period. Which of the following statements is correct?
a. The receivables turnover ratio is 12.9.
b. On average, it takes 12.9 days to collect payment from credit customers.
c. The receivables turnover ratio is 28.3.
d. On average, the company sells its inventory every 28.3 days.
Answers: 2
Business, 22.06.2019 02:00
4. suppose that pollution in a neighborhood comes from two factories, with marginal benefit curves given by mb1 = 12 – p1 and mb2 = 8 – p2. the level of pollution in the neighborhood is given by p = p1 + p2. the government wants to limit pollution by instituting a pollution-rights market. the government’s desired level of p is 10, so it prints 10 pollution rights and offers them for sale to the firms.a)find the equilibrium selling price of a pollution right, as well as the allocation of rights (and hence pollution levels) across the two factories. b)repeat part (a) for the case where the government’s desired level of pollution equals 14. c)comment on the usefulness of a pollution rights market in achieving efficient levels of pollution abatement.
Answers: 2
Business, 22.06.2019 04:30
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Business, 22.06.2019 07:30
Which two of the following are benefits of consumer programs
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Business, 22.06.2019 09:40
As related to a company completing the purchase to pay process, is there an accounting journal entry "behind the scenes" when xyz company pays for the goods within 10 days of the invoice (gross method is used for discounts and terms are 2/10 net 30) that updates the general ledger?
Answers: 3
During the current accounting period, revenue from credit sales is $771,000. The accounts receivable...
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