Answer:
This implies Bolster Soda collects receivables more effectively and quickly than Castor Soda in the two years.
Explanation:
The accounts receivable turnover ratio refers to an accounting ratio that is used to show the how effective a firm is in collecting the receivables or money its clients are owing it.
This implies that accounts receivable turnover ratio is used to determine the extent to which a firm ie effectively managing the credit it gives to customers and how quickly the firm collects that that short-term debt.
The formula for calculating the accounts receivable turnover ratio is as follows:
Accounts receivable turnover ratio = Net credit sales / Average accounts receivable
When the accounts receivable turnover ratio is high, it implies that the company is efficient is collecting debt and a high percentage of its cutomers are paying up their debts.
The account receivable turnover ratios in the question therefore imply Bolster Soda collects receivables more effectively and quickly than Castor Soda in the two years.
Answer:
Net profit= 475000
Explanation:
Giving the following information:
Scenario 15-8 Mega Media Cable TV can purchase an exclusive right to sell a premium sports channel in its market area.
Fix cost= $100,000
Price= $25
Occasional sports viewers= 20000
Hardcore sport viewers= 3000
Revenues= 23000*25= $575000
Fix cost= (100000)
Net profit= 475000
Answer:
Mechanistic
Explanation:
Mechanistic is the correct answer as it is clearly mentioned that the person just placed the order and takes the payment which very categorically means that intervention in the entire process is quite less which is the basic definition of Mechanistic unlike the other given options.
The concept of subsidy is very well-explained in this item. From the context, subsidy is the amount that is payed by the government to the buyer every time a purchase is made. Since, the concept of subsidy is very favorable to consumers then, the demand for a certain product would definitely go high.
Gigabytes?? I am old skool...but I think that may b your answer...Google it tho...