Boomer Biscuit Inc. needs to automate its production line. The project costs $275,000 and is expected to provide after-tax cash flows of $73,306 for eight years. Management estimates its cost of capital as 12 percent. What is the project’s MIRR? (Do not round intermediate computations. Round final answer to the nearest whole percent.)
A. 14%
B. 16%
C. 18%
D. 12%

Answers

Answer 1

Answer:

MIRR = 16%

so correct option is B. 16%

Explanation:

given data

project costs = $275,000

after tax cash flows =  $73,306

time = 8 year

cost of capital = 12 percent

to find out

What is the project’s MIRR

solution

we first find here Future value of annuity that is express as

Future value of annuity = [tex]A * \frac{(1+r)^t - 1}{r}[/tex]     ............1

here A is  annuity and r is rate and t is time period

put here value

Future value of annuity = [tex]73306 * \frac{(1+0.12)^8 - 1}{0.12}[/tex]

Future value of annuity = 901641.30

so MIRR will be here

MIRR = [tex](\frac{FV}{PV})^{\frac{1}{t}} - 1[/tex]   ................2

here FV is future value and PV is present value and t is time period

put here value

MIRR = [tex](\frac{901641.30}{275000})^{\frac{1}{8}} - 1[/tex]

MIRR = 16%

so correct option is B. 16%


Related Questions

Check Cashing Business. Susan owns and operates a check cashing business. A customer, Bob, claiming to be Sam, came in and cashed a $2,000 check issued by ABC Trucking to Sam. The day after Susan cashed the check, she received a notice from ABC Trucking that some checks had been stolen. It was later discovered that the customer had forged Sam's name on the check issued by ABC Trucking. At the time she took the ABC Trucking check, Susan was very busy with several customers in line. She simply glanced at the check and cashed it. A reasonable examination would have revealed that the check had been materially altered and changed from the amount of $200 to $2,000. Susan decided that she needed to hire some people to help her because she also had a problem with another check. On the same day that she took the ABC Trucking check, she took a check from another customer, Maurice. It was later discovered that the check from Maurice, which was four months old, was the subject of a dispute between Maurice and the issuer of the check for whom Maurice had done some work. The issuer claimed that the work was improperly done. Both ABC Trucking and the issuer of the check to Maurice stopped payment on the checks. Susan claims that she was entitled to the status of a holder in due course and was entitled to payment on both checks. What is the effect of Susan receiving notice the day after she cashed the check for Bob that the check had been stolen?

Answers

Answer:

Since the check was altered (it was originally a $200 check and was altered to seem like a $2,000 check), then Susan cannot be considered a holder in due course.

A holder in due course of a check would be a person that receives a third party check in good faith without knowing any possible claim or defect.

If the check had been stolen and wasn't altered to change its value, then Susan could have claimed to be a holder in due course of the check since she was notified later about the theft.

A share of Citigroup stock represents:a.An IOU, or promise to pay, from Citigroup b.A right to require that Citigroup pays all profits as dividendsc.A risk-free investment vehicle in the long rund.A claim on Citigroup's assets that gives the purchaser a share of the corporationNow, compare one share of Citigroup's stock with one of its bonds. A share of Citigroup stock will be risky than a bond issued by Citigroup.

Answers

Final answer:

A share of Citigroup stock represents ownership in the firm, with returns potentially earned through dividends and capital gains. Stocks are riskier than bonds as they directly reflect the company's performance, offering both higher rewards and greater risks. Bonds provide a fixed return, making them more stable but with less profit potential.

Explanation:

A share of Citigroup stock represents firm ownership. When individuals purchase stock, they become part-owners, or shareholders, of the corporation. Owning 100% of a company's stock equates to owning the entire company, but in large firms like Citigroup, no single shareholder typically has a majority stake. Instead, ownership is spread across many shareholders, each holding a proportionally small part of the company. Stocks are a way for firms to raise financial capital and can lead to returns through dividends and capital gains.

Comparing Citigroup's stock with its bonds, a share of stock is generally riskier than a bond issued by the company. Stockholders benefit when the company performs well but also bear the losses if the company's value decreases. In contrast, bondholders receive a fixed interest payment regardless of the company's performance, making bonds a more stable investment. However, bondholders have less potential for profit compared to stockholders, who may benefit from rising stock prices in addition to receiving dividends.

According to the University of Michigan studies, leaders who are production oriented are described as emphasizing interpersonal relationships and as taking a personal interest in the needs of their followers. True or false?

Answers

Answer:

False

Explanation:

Leaders who are production oriented have their focus on getting a task done and getting result, not bothered on employees' welfare and what challenges may arise. They do not emphasize interpersonal relationship and no interest in the needs of their followers.

A competitive capital market is important to society because it directs resources toward projects that

Answers

Answer:

create wealth

Explanation:

create wealth

In the context of the service encounter triad, the trade-off between the service organization and contact personnel is one of: a. perceived control b. efficiency versus autonomy c. efficiency versus satisfaction d. autonomy versus satisfaction e. autonomy versus perceived control

Answers

Answer:

B) efficiency versus autonomy

Explanation:

The three parties that make up the service encounter triad are: the organization that provides the service, contact personnel (which are part of the organization) and the customers. For example, in a service encounter that tales place in a movie theater; a contact person (e.g. sales clerk) provides a service (e.g. movie ticket) to a customer.

A lot of physical vendors or clerks are being replaced by automated customer service machines that are cheaper for the company but have limited autonomy. For example, in movie theaters you can get your tickets from a machine, so unless you also buy a soda or candy, you don't need to interact with the sales clerk.

Destin Corp is comparing three different capital structures. Plan A would result in 10,000 shares of stock and $90,000 in debt. Plan B would result in 7,600 shares of stock and $198,000 in debt. The all equity plan would result in 12,000 shares of stock outstanding. The interest rate on debt is 10%, and the EBIT is $48,000. If Destin Corp has a tax rate of 40%, which of the three plans has the highest EPS?

Answers

Answer:

All equity plan (12,000 shares with an EPS of $2.40)

Explanation:

Plan A (10,000 shares):

interest = $90,000 x 10% = $9,000

net income = (ebit - interest) x (1 - 40%) = ($48,000 - $9,000) x 60% = $23,400

earnings per share (EPS) = $23,400 / 10,000 shares = $2.34 per share

Plan B (7,600 shares):

interest = $198,000 x 10% = $19,800

net income = (ebit - interest) x (1 - 40%) = ($48,000 - $19,800) x 60% = $16,920

earnings per share (EPS) = $16,920 / 7,600 shares = $2.23 per share

All equity plan (12,000 shares):

net income = ebit x (1 - 40%) = $48,000 x 60% = $28,800

earnings per share (EPS) = $28,800 / 12,000 shares = $2.40 per share

Employees and customers are treated like a family at State Street Coffee House. Jason and Jill, the owners, work to encourage unity to increase their employees' job satisfaction and commitment. At their coffee house, Jason and Jill have built a(n)
a)market culture
b)goal-driven agenda
c)bureaucracy culture
d)clan culture
e)adhocracy culture

Answers

Answer: (D) Clan culture

Explanation:

The clan culture is one of the type of friendly type corporate environment in an organization and it is also known as collaborative culture. Clan culture is one of the element of corporate clan culture model.  

There are many types of advantage of clan culture in an organization are as follows:

Clear communication Increase in company productivityIncrease in organization growth

According to the question, Jason and the Jill are the owner of the company an they always encourage and also motivate their employees. They also try to increase the job satisfaction among the employees and they try to built the clan culture in the company.

Therefore, Option (D) is correct.

n an oligopoly market, collusion between firms usually leads to higher profits than does noncooperative behavior. Howeve r, formal, overt collusion doesn't usually occur in the United States because: I. it is illegal. II. there is an incentive for each firm to cheat on a collusive agreement. III. an oligopolistic firm will typically prefer lower profits for itself if the onl y way to make higher collective profits in the industry is to improve the profit position of its rivals

Answers

Oligopoly is a form of firm syndicate that consist of traders that has same product and try to gain more profit by collaborating to each other.

Further Explanation:

There are couple of types of market

Perfect competitionOligopolyMonopoly

Learn more What is perfect competition : https://brainly.com/question/3936953

Answer: it is illegal in the United state.

Explanation:

Collusion is an anticompetitive behaviour and is a violation of antitrust law in United States.

What circumstances does a person need to prove to have their student loans discharged through bankruptcy?

Answers

Final answer:

To discharge student loans through bankruptcy, one must prove undue hardship, which includes an inability to maintain a minimal standard of living, a persistent state of financial struggle, and efforts to repay the loans.

Explanation:

To have student loans discharged through bankruptcy, a person must demonstrate 'undue hardship.' This is a difficult standard to meet, as it usually requires proving that the individual cannot maintain a minimal standard of living if forced to repay the loans, that this hardship would continue for a significant portion of the repayment period, and that the debtor has made good faith efforts to repay the loans.

Filing for bankruptcy usually involves a bankruptcy court determining whether the loans cause undue hardship through an adversary proceeding. This process is often complex, and the outcomes can vary widely depending on jurisdiction and the specific circumstances of the debtor. Considering other financial aid options like scholarships, grants, or a work-study program prior to borrowing, as well as familiarizing oneself with the Free Application for Federal Student Aid (FAFSA), can be beneficial in managing postsecondary education costs and potentially reducing the need for large student loans.

Controllable costs for responsibility accounting purposes are those costs that are directly influenced by which of the following?
A) production volume
B) a given manager within a given period of time
C) sales volume
D) a change in activity

Answers

Answer:

The correct answer is B

Explanation:

Controllable cost is the one which can be altered or changed in the short term and it is considered to be controllable when the decision incur it reside with the person. But if the cost is imposed by the third party on the organization, will not be considered as the controllable cost.

So, it is that cost which is directly influenced by the manager within a stated period of time.

One difference between B2C and B2B e-commerce is that the: a. B2B transaction involves little or no negotiation. b. B2C transaction involves customers with larger amounts of money to spend at one time. c. B2C transaction typically involves extensive and careful research while the B2B transaction tends to be less rational. d. B2C transaction tends to be smaller when compared to B2B.

Answers

Answer:

(d). B2C transaction tends to be smaller when compared to B2B.

Explanation:

(B2B) business-to-business is shorthand for “business to business.” It refers to sales you make to other businesses rather than to individual consumers. Sales to consumers are referred to as “business-to-consumer” sales or B2C.

(B2C) business-to-consumer refers to the process of selling products and services directly between consumers who are the end-users of its products or services. Most companies that sell directly to consumers can be referred to as B2C companies

Hall company had large amounts of funds to invest on a temporary basis. The board of directors decided to purchase securities and derivatives and assigned the future purchase and sale decisions to a responsible financial executive. The best person or persons to make periodic reviews of the investment activity would be :

Answers

Answer:

Investment committee or Board of Directors

Explanation:

Because the other in investment team together with finance team are directly involved in investment activities, they may not objectively review their jobs rather than an independent team.

This independent team should be in higher positions who can manage or adjust the jobs of investment team. Thus many corporations set up an investment committee or assign BOD ("board of directors) to periodically review the company's investment activity to make sure they're still aligning with the company's target.

In market A, a 4% increase in price reduces quantity demanded by 2%, so demand in market A is _____. In market B, a 3% increase in price reduces quantity demanded by 4%, so demand in market B is _____.

Answers

Answer:

Demand in market A is inelastic. Demand in market B is elastic.

Explanation:

Price elasticity of demand is the measure of the change in quantity demanded in relation to the change in price.

Elasticity = % change in quantity demanded / % change in price

When Elasticity < 1 (2% divided by 4%), demand is said to be inelastic: (quantity demanded changes less as price changes)

When Elasticity > 1 (4% divided by 3%), demand is said to be elastic: (quantity demanded changes more as price changes)

An organization takes active countermeasures to protect its systems, such as installing firewalls. This approach is known as ________. A. risk acceptance B. risk transference C. risk elimination D. risk reduction E. risk rescheduling

Answers

Answer:

D. risk reduction

Explanation:

Risk reduction is a hazard management technique that aims at minimizing potential losses. In risk reduction, a company evaluate its business process to identify possible threat areas. The company then implements measures that will mitigate losses should the risk event occur.

Risk reduction lessens the impact of known hazards. This particular organization has identified potential risks associated with internet usage. It is vulnerable to online attacks either by hackers or malicious software program.  By installing firewalls, the organization reduces potential losses related to online attacks.

The following data is available for Metlock, Inc. at December 31, 2020: Common stock, par $10 (authorized 26000 shares) $234000 Treasury stock (at cost $15 per share) $1200 Based on the data, how many shares of common stock are outstanding?

Answers

Answer:

23,400 shares

Explanation:

The total number of authorized shares is 26,000, but that doesn't mean that all these shares have been issued or are outstanding. The total number of shares issued = shares outstanding + treasury stock.

Since the shares must be recorded at par value in the common stock account, we need to divide the total value of the account by the par value of each share = $234,000 / $10 = 23,400 shares

What is meant by​ supply-side economics?
A. ​Supply-side economics refers to the use of taxes to increase incentives to​ work, save,​ invest, and start a business in order to decrease​ long-run aggregate supply.
B. ​Supply-side economics refers to the use of taxes to increase incentives to​ work, save,​ invest, and start a business in order to increase​ long-run aggregate supply.
C. ​Supply-side economics refers to the use of taxes to increase incentives to​ work, save,​ invest, and start a business in order to increase​ short-run aggregate supply.
D. ​Supply-side economics refers to the use of taxes to decrease incentives to​ work, save,​ invest, and start a business in order to increase​ long-run aggregate supply.

Answers

Answer:

The correct answer is option B.

Explanation:

Supply-side economics refers to the use of taxes to stimulate the economy. It involves reducing taxes to promote the incentive of working, saving and investing. This leads to an increase in the long-run aggregate supply.  

The supply-side fiscal policy provides incentives to businesses to expand their operations.  

Supply-side economics advocates that production leads to economic growth.

Ziegler Corporation purchased 25,000 shares of common stock of the Sherman Corporation for $40 per share on January 2, 2014. Sherman Corporation had 100,000 shares of common stock outstanding during 2015, paid cash dividends of $90,000 during 2015, and reported net income of $300,000 for 2015. Ziegler Corporation should report revenue from investment for 2015 in the amount of:

Answers

Answer:

Ziegler Corporation should report revenue from investment for 2015 in the amount of $75,000

Explanation:

given data

purchased = 25,000 shares

common stock = $40 per share

common stock outstanding = 100,000 shares

paid cash dividends = $90,000

net income = $300,000

to find out

revenue from investment for 2015 in the amount of

solution

we first get here Investment in Sherman Corporation that is

Investment  = purchased ÷ common stock outstanding     ..........................1

put here value

Investment  = [tex]\frac{25,000}{100000}[/tex]

Investment = 25%  

so that income from investment will be here we get

income from investment = 25%   of net income ........................2

put here value

income from investment = 25%  × $300,000

income from investment = 0.25  × $300,000

income from investment = $75,000

so Ziegler Corporation should report revenue from investment for 2015 in the amount of $75,000

Final answer:

Ziegler Corporation should report $22,500 as revenue from investment for 2015, which represents a 25% share of the $90,000 dividends paid out by Sherman Corporation.

Explanation:

To determine the revenue from investment that Ziegler Corporation should report for 2015 from its investment in Sherman Corporation, we need to calculate the share of Sherman Corporation's dividends that Ziegler is entitled to. Since Ziegler owns 25,000 out of the 100,000 shares outstanding of Sherman, it has a 25% ownership stake. Therefore, Ziegler would be entitled to 25% of the total dividends paid by Sherman in 2015.

Sherman Corporation paid out $90,000 in dividends in 2015. To find out how much of that Ziegler Corporation would receive, we multiply the total dividends by Ziegler's ownership percentage:

Total Dividends x Ownership Stake = Revenue from Investment
$90,000 x 25% = $22,500

Thus, Ziegler Corporation should report $22,500 as revenue from investment for the year 2015.

Safety is a key concern at most industries, but it is especially important at BigBoom Fireworks Factory. Employees must use carefully standardized procedures for packing fireworks to prevent unwanted explosions. This is what type of control method?
a.) self-control
b.) normative control
c.) bureaucratic control
d.) concertive control

Answers

Answer: Bureaucratic control

Explanation: Bureaucratic control is a method of controlling employees behavior in an organization by setting laid down rules and operational behaviors to be observed by the workers of the firm.

The organization in the question set some standardized safety rules to be followed by its workers, therefore the control measure applied is bureaucratic.

Final answer:

At BigBoom Fireworks Factory, the method of control that involves standardized procedures to ensure safety would be C. bureaucratic control, which is characterized by strict formal rules and processes.

Explanation:

The type of control method used at BigBoom Fireworks Factory where employees must use carefully standardized procedures for packing fireworks to prevent unwanted explosions is bureaucratic control. Bureaucratic control is characterized by the establishment of strong formal rules and procedures that are put in place to ensure consistency, safety, and efficiency within an organization.

This differs from the other types of control methods in that it involves the use of standardized regulations and a hierarchy of authority to manage and control behavior. Such measures are often part of command-and-control regulation, which includes government-imposed standards or processes that are required for industry compliance.

Q 11.27: What is the return on common stockholders’ equity based on the following: Beginning Common Stockholders’ Equity: $10,317,000 Ending Common Stockholders’ Equity: $10,662,000 Net Income: $1,429,000 Preferred Stock throughout the year: 6%, $75 par (8,000 shares authorized, issued, and outstanding). A :

Answers

Answer:

13.3%

Explanation:

Given: Beginning Common Stockholders’ Equity: $10,317,000.

           Ending Common Stockholders’ Equity: $10,662,000.

            Net Income: $1,429,000

            Preferred stock: 8000 shares 6% at $75.

First, let calculate average common stockholder equity.

Average common stockholder equity= [tex]\frac{(Beginning\ equity+ending\ equity)}{2}[/tex]

⇒ Average common stockholder equity= [tex]\frac{(10317000+10662000)}{2} = \frac{20979000}{2}[/tex]

Average common stockholder equity= $10489500.

Now, calculating preferred dividend.

⇒ Preferred dividend= [tex](8000 shares\times \$ 75\times 6\%) = \$ 36000[/tex]

Preferred dividend= $36000.

Next, computing return on common shareholder equity.

Return on equity= [tex]\frac{(Net\ income - preferred\ dividend)}{ Average\ shareholder\ equity}[/tex]    

Return on equity= [tex]\frac{(1429000-36000)}{10489500} = \frac{1393000}{10489500}\times 100[/tex]

Return on equity= 13.3%

∴ Return on common stockholders´ equity is 13.3%

The coding manager at University Hospital has been employed for approximately 15 years in the same role. He is trying to apply AHIMA's strategic plan to his role in the organization. He realizes that HIM professionals need to be recognized as the experts in health information governance and should share the knowledge with others in their healthcare organization. The strategic goal that he is addressing here is ____________.

Answers

Answer: Information governance

Explanation:

Here , in this particular case we can state that the strategic goal of the organization that the individual is addressing in this scenario is Information governance. Here the organization uses the Information governance in order to stabilize the risk presented by the data and information along with  value provided by it.

n​ mid-2017, an article in the Wall Street Journal noted​ that: ​"The Federal​ Reserve's interest-rate increases​ aren't having the desired effect of cooling off Wall​ Street's hot streak...where stocks have rallied to records this​ year..." ​Source: David​ Harrison, "Fed's Effort to Guide Markets​ Falls," Wall Street Journal​, June​ 11, 2017. Is cooling off rapid increases in stock prices part of the​ Fed's dual​ mandate?

Answers

Answer:

No

Explanation:

When Congress enacted the Federal Reserve Act in 1913, they stated the FED's mandates:

promote maximum employmentpromote stable price

The FED's main objective is to conduct monetary policy in order to stabilize the economy and promote economic growth.

By stabilizing the economy the FED will lower inflation rate, therefore stabilizing prices. When the FED promotes economic growth, the unemployment rate should decrease, hopefully reaching a full employment.

The Federal Reserve's dual mandate does not explicitly include controlling stock prices, focusing instead on maximizing employment and maintaining price stability. Still, fluctuations in asset prices are sometimes considered indirectly when the Fed adjusts the federal funds rate to influence economic activity.

Cooling off rapid increases in stock prices is not explicitly part of the Federal Reserve's dual mandate, which focuses on fostering maximum employment and price stability. However, the Federal Reserve may consider the effects of asset price fluctuations on the broader economy when implementing monetary policy. The Fed's main tool for this is influencing the federal funds rate, which affects economic activity by making financial conditions more or less accommodating. When the Fed engages in operations to adjust the federal funds rate, it does so with the intention of impacting longer-term interest rates and, by extension, financial markets, including the stock market.

However, the primary targets remain economic growth, inflation, and unemployment rates, rather than directly targeting asset prices like stocks and real estate. The lesson from historical Fed actions is that they adjust interest rates based on their economic modeling to anticipate the movements of the business cycle, hoping to stimulate the economy during a downturn with lower rates and to curb inflation during an upturn by raising rates.

If competitive market circumstances are such that there is some leader-follower price competition, some product differentiation, and the purpose of advertising is to inform, but avoid price competition, then we must be operating in a(n):

Answers

Answer:

Oligipoly

Explanation:

Oligopoly market is characterised by:

1. Few large firms

2. Firms set their prices together which is known as a cartel or through price leadership where a firm sets the market price.

3. Firms engage in advertisement.

4. Firms avoid price competition.

An example of an oligopoly is OPEC. OPEC is a cartel.

The notion that there is a tradeoff between inflation and unemployment is expressed as a

Answers

Answer:

Phillips curve

Explanation:

The notion that there is a trade-off between inflation and unemployment  is expressed by a Phillips curve.

Phillip curve states that there is a negative relationship between inflation and unemployment.

All of the following criteria serve as a valid basis for identifying potential projects in most organizations EXCEPT: ​
a. technological advance
b. environmental consideration
c. social need
d. internal politics

Answers

Answer:

d. internal politics

Explanation:

Considering all the options given

Option a technological advance is a valid basis for identifying potential projects in most organizations as it may be the key driver for the profitability of a project. An investment in a technology that becomes or is obsolete would most likely result in a loss.

Option b environmental consideration is also a valid basis for identifying potential projects as a company's reputation may be jeopardized if a project is not environmentally friendly

Option c social need is also a valid consideration as the need of the consumer may determine the viability of a project.

Internal politics option d is is the only option that does not influence the viability of a project.

Swen Inc. is a global retail chain based in New York. It expands into France and sends Gerard, an American citizen and a trusted employee from its New York branch, to manage the operations in the new business unit. In this scenario, Gerard is most likely a(n) _____. a. host-country national b. boomerang employee c. third-country national d. expatriate manager

Answers

Answer:

The correct answer is D

Explanation:

Expatriate manager is the one or the workers who are migrated from their home country to the outside nations in order to earn more than the in the home country.

In this case, Company expands the operations in France where they sends Gerard who is a citizen of American. So, this is an expatriate manager as he was migrated to France.

Customers who owned Nintendo’s 8-bit video game console were unable to play the same games on the firm’s new 16-bit Super Nintendo system. There was little incentive for existing Nintendo fans to stick with the firm. In this case, Nintendo’s new offering suffered from a lack of:_____A) switching costsB) backward compatibilityC) staying power

Answers

Answer:

I would choose B. But im not 100% sure.

Explanation:

Answer:

c) Staying power

In the first stage of the negotiation, Alisa explicitly expressed her surprise, frustration, and dissatisfaction that executives were receiving large bonuses when Katherine had said there was no money for salary increases.This behavior may be considered unprofessional by many people, but it is indeed a useful negotiation tactic. What type of tactic was she using?
a.Information exploitation
b.Clarifying interests
c.Showing emotions
d.Strengthening one's own position
e.Perfecting the deal

Answers

Answer:

c.Showing emotions

Explanation:

In this case, Alisa could not control her emotions at this situation which she feels is unfair and expressed the same as well.

Therefore, we can conclude that she was showing emotions.

Days' sales in receivables a.is an estimate of the length of time the receivables have been outstanding. b.measures the number of times the receivables turn over each year. c.is calculated as Average Receivables/Sales. d.is not used.

Answers

Answer:

The answer is a. is an estimate of the length of time the receivables have been outstanding.

Explanation:

Days' sales in receivable is calculated as Average sales receivable / total credit sales in the period x number of the in the period.

The ratio is used to measure how long (in days) it takes for a firm to collect its sales receivable based on its past collection performance.

Thus, a is chosen.

The definition in b is referred to Receivable Turnover, thus it is not chosen.

For c. The formula given is wrong, thus it is not chosen.

Final answer:

Days' sales in receivables is a financial metric that helps companies estimate the efficiency of their credit and collection procedures. It can be understood as the length of time the receivables have been outstanding and is calculated as Average Receivables / Sales.

Explanation:

Days' sales in receivables is a financial ratio that is used to estimate the average number of days that it takes for a company to collect payment after a sale has been made. It is an indicator of how effective the company's credit policies and collection procedures are.

In practical terms, it's calculated using the following formula: (Average Receivables / Net Credit Sales) x 365. This means a lower ratio is generally more favorable, as it indicates that the company takes less time to collect its receivables. Higher ratios can signify potential issues with cash flow or potential difficulties in getting paid by customers.

Therefore, the Days' sales in receivables can be seen as both an estimate of the length of time the receivables have been outstanding (option A), and a measure of the number of times the receivables turn over each year (option B). It's also calculated as Average Receivables/Sales (option C), and it is definitely used in financial analysis (option D is incorrect).

Learn more about Days' sales in receivables here:

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In the market for bank credit a large bank sometimes announces a change in interest rates. After the changes in interest rates are announced, other banks in the industry usually react by changing their rates in the same way. This is an example of__________.
A. a cartel.
B. monopolistic competition.
C. implicit collusion.
D. the kinked demand curve model

Answers

Answer:

C) implicit collusion

Explanation:

Implicit collusion refers to a situation where competitor firms act in the same manner to try to control the market (price, supply or demand) of a good or service. Supposedly since the firms compete against each other, so they will try to make the customers believe that the similarities are coincidences or that the actions were caused by some external market force.

For example, Coke increases it price and by coincidence Pepsi also increases its price.

Baby boomers are less likely to associate retirement with "the beginning of the end" and see it instead as a new chapter in their lives with new activities, interests, careers, or even relationships.
a.True.
b.False.

Answers

Answer: True

Explanation:

Baby boomers are known as demographic companion of the Silent Generation and also preceding the Generation X. This generation is mostly  described as the individuals that are born in between the years 1946 and 1964. These individuals are known to be least likely to be associated with the inclination of term retirement with phrases such as "beginning of an end".

Other Questions
A 5kg mass at rest on the ground is rised up to 15m. Find the work that was done on the object.A. E before=___ Work=___ E after=___B. Conservation of Energy equation:C. Solve. 8 solid iron sphare with radius 'a cm' each are melted to form a sphare with radius 'b cm'. find the ratio of a:b During a Grand Prix car race, the tyres on a car are reduced in mass by 3%. If their mass is 388 kg at the end of the race, what was their mass at the start? Two charges q1 and q2 are separated by a distance d and exert a force F on each other. What is the new force F', if charge 1 is increased to q'1=5q1, charge 2 decreased to q'2=q2/2, and the distance is decreased to d'=d/2? What is the equation of the line that passes through the point (-4, 8) and has a slope of zero An electron moves at 2.40106 m/s through a region in which there is a magnetic field of unspecified direction and magnitude 7.10102 T . a. What is the largest possible magnitude of the force on the electron due to the magnetic field? Express your answer in newtons to two significant figures. Fmax = nothing N.(b) If the actual acceleration of theelectron is one-fourth of the largest magnitude in part (a), whatis the angle between the electron velocity and the magneticfield? A child whirls a ball in a vertical circle. Assuming the speed of the ball is constant (an approximation), when would the tension in the cord connected to the ball be greatest? a. A little after the bottom of the circle when the ball is climbing. b. A little before the bottom of the circle when the ball is descending quickly. c. At the bottom of the circle. d. Nowhere; the cord is stretched the same amount at all points. e. At the top of the circle. find values of x y and z Roger, a sales manager at Pacto Corp., has been assigned a new client for selling Pacto's products and is collaborating with the marketing team to generate a sales proposal. In this scenario, Roger collaborates with the marketing team: What is the best way to combine these sentences? The frogs front feet have 4 toes. Its back feet have 5 toes Manny coaches a team of 10-year-old boys in baseball. When they lost to their archrivals by a score of 7-2, the boys complained that the umpire was not fair and that they would have won if they had played on their home field. This is an example of ____.a. correspondence biasb. group-serving biasc. just-world beliefd. self-serving bias A rug is shaped like a parallelogram with a base of 412 ft. and a height of 2 14 ft. What is the area of the rug? Draw and label the dimensions of the shape then find the area. A man stands on a merry-go-round that is rotating at 1.58 rad/s. If the coefficient of static friction between the man's shoes and the merry-go-round is s = 0.45, how far from the axis of rotation can he stand without sliding? (Enter the maximum distance in meters.) m In a auditorium, there are 9 rows of seats with 18 seats in each row. There are also 6 rows of seats with 24 in each row. How many seats are there in the auditorium? Estimate first. Then check for reasonableness A solid cylinder of radius 10.0 cm rolls down an incline with slipping. The angle of the incline is 30. The coefficient of kinetic friction on the surface is 0.400. What is the angular acceleration of the solid cylinder? What is the linear acceleration? According to advocates of the long-run vertical Phillips curve, the natural rate of unemployment is determined by A. frictional unemployment only. B. frictional and structural unemployment. C. frictional, structural, and cyclical unemployment. D. cyclical unemployment only. LSD and other powerful hallucinogens are chemically similar to, and therefore block the actions of, a subtype of the neurotransmitter serotonin. At the synapse, these drugs act as a(n) ____ Hampton Corporation's common stock dividends are expected to grow by 8% per year. Recently, the firm paid a $3.00 common stock dividend. Hampton has a beta of 1.40. The expected return on the S&P 500 index is 12.5% and the rate of return on U.S. Treasury securities is 7%. Using this information and the CAPM, what is the stock's intrinsic value? a) $72 b) $66.67c) $24 d) $48.36e) $25.92 a cat owner paid the vet a fee of$269.50 for a years worth of visits. he made 14 visits that year. what was the average per cost? taff at Community Hospital, a 200-bed facility, has been busy with HIPAA Privacy Rule issues recently. Community Hospital is regularly surveyed by the city safety department for compliance with local codes related to issues such as fire and water safety. Community Hospital's privacy officer has issued an unsigned business associate agreement to the department of health, instructing the chief of its survey office to sign it because its surveyors, who may come into contact with Community Hospital's PHI, function as business associates. explain