What is the most likely reason for a company to have an increase in average collection period?.
Answers
The most likely reason for a company to have an increase in the average collection period is a decrease in the efficiency of the collection process.
The collection period is a metric that calculates the average amount of time it takes for a company to collect its accounts receivables. The time it takes for a company to collect payment after it has made a sale is referred to as the collection period. It's a crucial component of cash flow, which refers to the amount of money that flows in and out of a business. The most likely reason for an increase in the collection period is that a business's accounts receivable management process has become less efficient, resulting in an increase in the time it takes to collect payment after a sale has been made. When a business has an increase in the average collection period, it indicates that the company is unable to collect payment from its customers in a timely and efficient manner. Therefore, if the company has an increase in the average collection period, it means the collections process has become less efficient, resulting in a decrease in the cash flow of the business.
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Related Questions
True or False: Developers do not meet with stakeholders; only the Product Owner meets withstakeholders.
Answers
The statement that Developers do not meet with stakeholders; only the Product Owner meets withstakeholders is false.
Do developers and stakeholders interact?The Stakeholders can provide direct input on the work that has been accomplished as well as help define the work that the Developers are required to do. Stakeholders are accessible to Scrum Masters, who can support them by making obstacles obvious and assisting them in maximizing the benefits of Scrum.
According to the definition of a stakeholder of a corporation found in a 1963 internal Stanford Research Institute paper, a stakeholder is a member of "groups without whose support the organization would cease to exist". R. Edward Freeman later developed and promoted the theory in the 1980s.
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The ______ is a commitment by the lessee that the lessor will recover a specified residual value when the asset is returned to the lessor.
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The residual value guarantee is a commitment by the lessee that the lessor will recover a specified residual value when the asset is returned to the lessor.
A residual value guarantee is typically used in asset finance arrangements, such as leasing or hire purchase, where the lessee or hirer does not own the asset at the end of the lease or hire period. Instead, the asset is returned to the lessor or hire-purchase company.
The residual value guarantee is a form of insurance that protects the lessor or hire-purchase company against the risk that the asset will be worth less than the outstanding balance of the lease or hire-purchase agreement at the end of the term. If the asset is returned with a residual value that is lower than the guaranteed residual value, the lessee or hirer is liable to make up the difference.
The residual value guarantee is typically negotiated between the lessor or hire-purchase company and the lessee or hirer, and may be included as part of the lease or hire-purchase agreement. It is an important consideration for lessees or hirers who want to protect themselves against the risk of an asset losing value over time, and for lessors or hire-purchase companies who want to protect themselves against the risk of non-payment or default by the lessee or hirer.
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A manufacturing company hires only welders who have completed a formal
program that combines classroom instruction with on-the-job learning. What is the
welders' preparation an example of?
XO A. Performance management
B. Employee development
C. An apprenticeship
D. Computer-based training
Answers
Answer: An apprenticeship
Explanation: Pretty sure that other person had a stroke
In a economy, the government owns the means of production.
(a) Command
(b) Market
(c) Real
(d) Inelastic
Answers
Answer:
(a) Command
Explanation:
A command economy is also known as planned economy and it can be defined as a type of economy in which the government owns and control the means of production.
This ultimately implies that, in a command economy, the government owns the means of production.
Societies that operate a command economy generally practices communism.
Communism is a system of philosophical, political, social organization and economical ideologies that advocates the elimination of private property but a profit-based economy with public ownership of the means of production.
It ultimately aims to ensure each person contributes and receives according to their abilities and needs.
Vietnam, China and Cuba are examples of communist countries that operate a command economy.
In conclusion, a command economy requires that the method of exchange, distribution, as well as the means of production of goods and services and allocation of resources for production should be controlled or regulated by the public (government) rather than the private sector.
In a given year, Jennifer earns $50,000 and spends $40,000. During the same period, Steve earns $30,000 and spends $27,000. If Jennifer and Steve both must pay a 10% sales tax on goods purchased, the sales tax is:__________
A. regressive with respect to income.
B. progressive with respect to income.
Explain.
Answers
Jennifer pays more sales tax as a percentage of her income than Steve. The sales tax is a regressive tax with respect to income. So, option A is the correct answer.
Here is the reason why: Regressive taxes take a greater portion of the income of low-income earners than of high-income earners. Sales tax is an example of regressive taxation. The sales tax rate remains the same, regardless of how much a person earns, but low-income earners spend a greater proportion of their income on goods subject to sales tax than high-income earners. So, a sales tax is regressive, because a person who earns $50,000 and spends $40,000 has a lower income and spends a greater proportion of their income on sales tax than a person who earns $30,000 and spends $27,000. As a result, Jennifer pays more sales tax as a percentage of her income than Steve.
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02.01 LC)
Work you do for pay is called a _____.
A. service industry
B. diverse workforce
C. job
D. volunteer job
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" the manager of a car wash must decide whether to have one or two wash lines. one line will mean a fixed cost of $6,000 a month, and two lines will mean a fixed cost of $10,500 a month. each line would be able to process 15 cars an hour. variable costs will be $3 per car, and revenue will be $5.95 per car. the manager projects an average demand of between 14 and 18 cars an hour. would you recommend one or two lines? the car wash is open 300 hours a month"
Answers
The concept given here is the Income statement, which shows the company's expenses and revenues for a period. I would recommend two lines because they will be having more profits.
An income statement is one of the three major financial statements that report a company's fiscal performance over a specific account period.
Income Statement
Particulars One-line Two-line
300 hrs in the month, 15 car/hour (15*300*5.95) (30*300*5.95)
Revenue 26,775 53,550
less: variable cost (15*300*3) (30*300*3)
13,500 27,000
Contribution 13,275 26,550
less: fixed cost 6000 10,500
Profit 7,275 16,050
From the income statement, it can be seen that two lines have higher profit than one line.
Dividing the profit of both we get:
one line = 7275/2 = $363.5
two line = 16,050/2 = $8025
So, we can conclude by saying that the two lines will be more profitable.
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A certain brand of crackers costs $2. 89 for 12. 4 ounces. What is the unit rate? Enter your answer, rounded to the nearest cent, in the box.
Answers
Answer:
23 cents
Explanation:
divide
Consumers who use yelp reviews to measure the tradeoff between quality and price of different restaurants are using what type of consumer decision rule?.
Answers
A compensatory consumer decision rule is one of such.
A compensating decision-making technique analyzes the advantages and disadvantages of the choices under consideration and permits the advantages to outweigh the disadvantages. Noncompensatory decision-making strategies exclude options that do not meet a specific requirement, which refers to another category of consumers.
When there are many options to choose from, noncompensatory decision making is used; it enables people to swiftly reduce the number of options to one or a small number. Working memory is taxed by compensatory techniques, therefore they are only effective when there are limited choices.
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Anyone who has the power to sway or persuade others, especially via their opinions and posts on a specific topic, market or industry, is known as a/an:
А
sharer
B
participant
С
contributor
D
influencer
Answers
Three key takeaways from the history of credit in america
Answers
The Diners Club Card in 1950 was the first credit card. The Franklin National Bank situated in Long Island, New York, issued the first bank credit card in 1951.
The profitability of credit cards did not last long before others saw it and by 1953, and 60 credit card programs were in the United States.It recorded the ability to pay back debts and proved responsible for their repayment.Following are the key purchases from American credit history:
Credit history is a record of your debt repayment abilities and of your responsibility for repaying it.Includes the number and types of credit accounts you have credited, the duration of your account's opening, the amount owing, the quantity of available credit, whether you pay bills on time, and the number of recent credit requests.You will earn rewards for strong credit history, like cheaper rates on mortgage loans and automotive insurance.Learn more:
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Explanation:
I hope this image will help you
Explain the importance of leisure activities.
Answers
Answer:
leisure activities improve the productivity of people
Explanation:
if you feel stressed and then go to a water park, you will get less stressed right?
Fresh Harvest Company, which is based on Georgia, packages and sells vegetables. Hayden, who is a resident of Indiana, buys a Fresh Harvest product, eats it, and suffers severe food poisoning. Hayden wants to file a suit against Fresh Harvest. The diversity of citizenship between these parties means that Group of answer choices
Answers
Answer:
Federal and state courts have concurrent jurisdiction.
Explanation:
The concurrent jurisdiction arises when there are more than one court that contain a distinct system but has similar jurisdiction for the same case. Now if concurrent jurisdiction arise between the federal and state courts so the rule would be seen as superior because of clause of supremacy.
Hence, the correct option is b.
Which of the following is true of vertical marketing systems?
a. Channel members work independently.
b. There is always a channel conflict.
c. Channel members have no control over each other.
d. None of the above
e. Producers, wholesalers, and retailers act as a unified system.
Answers
The correct answer is (e) Producers, wholesalers, and retailers act as a unified system.
Vertical marketing systems (VMS) refer to the coordination and collaboration among different levels of channel members, such as producers, wholesalers, and retailers, to act as a unified system. In a VMS, these channel members work together to achieve common goals and improve the efficiency and effectiveness of the distribution channel. Unlike other options listed, a vertical marketing system emphasizes integration and cooperation among channel members. The goal is to create a seamless flow of products and services from the manufacturer to the end consumer. This collaboration helps in optimizing the distribution process, reducing conflicts, and enhancing overall channel performance. In a VMS, channel members have varying degrees of control over each other. They may engage in contractual agreements, joint ownership, or formal alliances to align their activities and resources. This cooperative arrangement allows them to share information, coordinate marketing efforts, and deliver value to customers.
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Cass & Company has the following data. What is the firm's cash conversion cycle? Inventory Conversion Period = 40 days Receivables Collection Period = 17 days Payables Deferral Period = 25 days
Answers
Given that:
Inventory Conversion Period = 40 days
Receivables Collection Period = 17 days
Payable Deferral Period = 25days
Then,
Cash Conversion Cycle = Inventory Conversion Period + Average Collection Period - Payables Deferral Period
Cash Conversion Cycle = 40 days + 17 days - 25 days
Cash Conversion Cycle = 32 days
Therefore, the firm's Cash Conversion Cycle is 32 days
When presenting a persuasive speech, one speech goal is to ask the audience members to perform a certain action, also know as performing a specific_________. Group of answer choices belief value behavior none of the above No answer text provided.
Answers
Answer:
behavior.
Explanation:
A persuasive speech is one in which the speaker addressing the audience or giving speech to the audience tries to impress or persuade the audience by his speech and convince the listeners through his presentation and speeches.
It is a process of changing people belief, action or reinforcing them. While giving a persuasive speech, one main goal of the speaker is to ask the audience to perform a certain action. It is also known as performing a specific behavior.
employees' satisfaction with benefits is most definitely linked to benefit communications.
Answers
Employees' satisfaction with benefits is undeniably connected to benefit communications.
Effective and clear communication plays a crucial role in ensuring that employees understand and appreciate the value of the benefits provided by their organization. When employees receive comprehensive information about their benefits, including the range of options available, eligibility criteria, and how to access them, they are more likely to feel valued and supported by their employer. Furthermore, regular and transparent communication regarding any changes or updates to the benefits package fosters trust and engagement among employees. By emphasizing effective benefit communications, organizations can enhance employee satisfaction and overall well-being, leading to increased morale, productivity, and retention.
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PLEASE HELP !!!
If you are not interested in a particular job, simply ignore efforts the company makes to contact you.
T OR F
Answers
It is false because it's important to maintain a professional and respectful attitude towards potential employers or the company, even if you're not interested in the job. Ignoring their attempts to contact you could harm your professional reputation and future job prospects.
A company is a legal entity that is formed to carry out business activities. It is usually created by a group of individuals who come together to achieve a common goal of providing goods or services to customers in exchange for money.
The purpose of a job provided by the company is to provide individuals with a means to earn a living, develop skills and experience, and contribute to society through their work.
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A classmate excitedly tells you of what he believes to be a good deal. He goes on and on about signing up for a free 30-day trial of ad-free music on your smartphone. You decline the offer because you have seen deals like these before. You explain that while he might be enjoying the new Selena Gomez and Miley Cyrus tracks now, he needs to be sure to cancel before the trial is up. The music company is hoping that you will feel indebted to them for all the free music that was streamed and allow the payment to process. This is one application of the
Answers
Answer:
reciprocity principle
Explanation:
A reciprocity principle is a form of socio-psychological principle in which individuals generally tend to pay back in good, and in any form of capacity for whatever favor they receive.
Hence, in this case, the music company is hoping the the "reciprocity principle" will work on consumers that subscribe to free music as they might wish to give back to the company based on consumers feeling indebted to them for all the free music that was streamed
What is a tagline?
(Principles Of Business Management)
Answers
Answer:
Explanation:
A tagline is a short phrase used in marketing campaigns of a business to sum up the value of a brand or its products and create a positive brand impression.
Which post-secondary program requires minimal prerequisites?
Answers
Answer with Explanation:
It depends upon the college or university you choose. If you are choosing a foreign college or university then following are the possible minimal pre-requisites:
Age FactorAttained Marks percentage Language Speaking requirement which includes taking an English speaking, learning and writing test. Examples of approved english skills tests programs are TOEFL, IELTS, etc.Minimum Fee depositCharacter CertificateValid PassportPersonal Information Providing Field oriented report which explains why you want to opt this program.Other requirements depending upon the course, university and law that governs the territory in which the institute operates.malcolm has a capital balance of $57,200 after adjusting to fair market value. celeste contributes $44,800 to receive a 25% interest in a new partnership with malcolm. determine the amount and recipient of the partner bonus. $fill in the blank 1 bonus paid to
Answers
After accounting for fair market value, Malcolm's capital balance is $57,200. Celeste invests $44,800 in exchange for a 25% stake in Malcolm's new company. The partner bonus is $19,300.
What is the capital, exactly?A factory and its equipment, intellectual property like patents, or the financial assets of a person or firm are all included in the broad definition of capital along with other goods that bring value or benefit to their owners.
The term "capital" can refer to money in and of itself, although it is more usually used to describe money that is being used for investments or productive purposes. In general, cash is crucial to running a business on a daily basis and funding future growth.
Calculation:
Equity of Malcolm = $57,200
Celeste contribution = $44,800
Total equity after celeste contribution = $57,200 + $44,800
= $1,02,000
Celeste equity interest = 25% of $1,02,000
= $25,500
Celeste's contribution minus celeste's equity stake equals the partner bonus.
= $44,800 - $25,500
= $19,300 bonus paid to partner
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What is one way a company can work to build relationships with it's customers?
A. A company can call all of its customers once a week to check in and see how their lives are going.
B. A company can plant to have a large sale once a year as a "thank you" to its customers.
C. A company can send a generic form letter to its customers to offer them a coupon
D. A company can send a personalized email to its customer when letting them know about a sale.
Answers
Answer:
D. A company can send a personalized email to its customer when letting them know about a sale.
Explanation:
Hope this helps!!
A company can work to build relationships with it's customers is that a company can send a personalized email to its customer when letting them know about a sale. Its comes under the relationship marketing. The correct option is (D).
What is relationship marketing?Relationship marketing is a component of customer relationship management (CRM) that prioritizes long-term involvement and client loyalty over short-term objectives like customer acquisition and individual sales.
The more conventional transactional marketing plan, which is centered on boosting the volume of individual sales, contrasts with relationship marketing.
The capacity of relationship marketing to maintain close contact with clients is crucial.
Therefore, a company can work to build relationships with it's customers is that a company can send a personalized email to its customer when letting them know about a sale.
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What caused the change in the yen's exchange rate? According to this graph, how has the yen's exchange rate changed?.
Answers
Answer: demand decreased
and
it has fallen
Explanation:
hope this helps <3
Decrease in demand has caused the change in the yen's exchange rate. Due to decrease in demand yen’s exchange rate has fallen.
What is exchange rate?The value of one country's currency in comparison to that of another or an economic region is known as the exchange rate. The majority of exchange rates are free-floating and fluctuate according to market supply and demand. There are some exchange rates that are restricted and not free-floating; instead, they are tied to the value of other currencies.
Exchange rates are typically either free-floating or set. Changes in the foreign currency market cause a free-floating exchange rate to rise and decrease. The value of one currency is linked to a set exchange rate. Spot rates, often known as cash values or market values, are one type of exchange rate that might exist. An exchange rate may also have a forward value, which is determined by predictions of the currency's future worth in relation to its current spot price.
Changes in the foreign currency market cause a free-floating exchange rate to rise and decrease. The value of one currency is linked to a set exchange rate. Spot rates, often known as cash values or market values, are one type of exchange rate that might exist. An exchange rate may also have a forward value, which is determined by predictions of the currency's future worth in relation to its current spot price. For example, USD stands for the United States dollar, while EUR stands for the Euro. EUR/USD is the currency pair that represents the dollar and the euro. It's USD/JPY, or dollar to yen, in the case of the Japanese yen. A conversion rate of 100 means that one dollar equals 100 yen.
One notable example of a nation with a restricted rate structure is China. The Chinese yuan is a currency that the government also controls. The Chinese government decides on a midpoint value for the currency each day, which gives the yuan a trading range of 2% from the midpoint.
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When determining how to allocate scarce resources, an entrepreneur should:A) Focus on the company's key success factorsB) Spread resources around to gain experienceC) Focus exclusively on marketingD) Focus exclusively on technologyE) None of the above
Answers
The correct answer is A) Focus on the company's key success factors. When determining how to allocate scarce resources, an entrepreneur should focus on the company's key success factors.
Key success factors are those resources and activities that are necessary to compete successfully in the industry. Spreading resources around to gain experience or focusing exclusively on marketing or technology may not be effective if it is not aligned with the key success factors of the business.
Therefore, it is important for entrepreneurs to have a clear understanding of the key success factors in their industry and allocate resources accordingly.
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mention any five methods of doing off season vegetables farming,
Answers
Answer:
the methods of doing off season vegetables farming are:-
Taking use of and utilising various agro-climatic conditionsImproved varieties are chosen.Adjustment of planting time.Making plastic tunnels, polythene houses, and permanent glass houses to provide controlled environmental conditions.during the past week, sales at one store totaled $450,000. if, during the week, employees worked 4,000 hours, what were the sales per employee hour for the week?
Answers
The sales per employee hour for the week is $112.50.
The sales per employee hour for the week can be calculated by dividing the total sales by the total number of hours worked.
To find the sales per employee hour, we need to divide the total sales of $450,000 by the total number of hours worked, which is 4,000.
$450,000 / 4,000 = $112.50
This means that, on average, each hour worked by an employee resulted in $112.50 in sales.
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which republicans voted for debt ceiling
Answers
Answer:
John Barrasso of Wyoming, Roy Blunt of Missouri, Susan Collins of Maine, John Cornyn of Texas, Mitch McConnell of Kentucky, Shelley Moore Capito of West Virginia, Lisa Murkowski of Alaska, Rob Portman of Ohio, Mike Rounds of South Dakota, Richard Shelby of Alabama, and John Thune of South Dakota.
Which of the following is NOT a method of asset disposal?
exchange
direct writeoff
scrap
sale
Answers
If the approximate market value for of a $1,000 corporate bond is $1,200 and it pays 6 percent interest, then what are comparable bonds paying?
Answers
The comparable bonds pay a 5% interest rate when the approximate market value of a $1,000 corporate bond is $1,200 and it pays 6 percent interest.
What are bonds?A bond is a type of financial security in which the issuer owes the holder debt and is obligated depending on the terms to repay the principal of the bond as well as interest over a specified period of time.
Given that,
Approximate market value of $1,000 is $1,200
Interest rate is 6%
\(\rm\,Annual \; Interest = (face \; value)\times Interest \; rate\\ \rm\,Annual \;Interest = 1,000 \times 6\%\\ \rm\,Annual \;Interest = 60\\\\Calculation of comparable bond interest rate:\\\\Approximate \;bond \;value = \frac{Annual\; interest}{Comparable \;interest\; rate} \\\\1200 =\frac{60}{Comparable\; Interest \;Rate} \\\\Comparable\; Interest\; Rate = 5\%\)
Hence, the comparable bonds pay a 5% interest rate.
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