<u>Solution and Explanation:</u>
The following formula is used in order to calculate the days sales outstanding:
Days sales out standing = ( Accounts receivable divided by Sales ) multiply with 365
= $1.5 million divided by $12 million multiply with 365
After calculating we get, 45.625 days
<u>In order to calculate the capital released, the following formula is used:
</u>
= 513699
Therefore, the capital released is $513699
A situation that would most likely cause demand for milk to rise in France is French consumers expect the price of milk to increase in the future.
<h3>What causes an increase in the demand for a product?</h3>
The demand for a product is affected by:
- future expectations
- change in the price of other goods
- Change in the income of consumers
When it is expected that the price of a product would increase in the future. Consumers would want to buy the product now when it is cheaper so as to save money.
For more information about the change in demand, please check: brainly.com/question/25871620
Answer:
The answer is A.
Explanation:
Other things remaining equal, the law of demand says that the higher the price, the lower the quantity demanded and the lower the price the higher the quantity demanded.
Suppose a good is being sold at $5 and 20 quantities are being demanded, if the price increases to $6, lesser of that goods should be demanded
Using notes outside of a given key to produce heightened color is referred to as "chromaticism".
Chromaticism, in music, the utilization of notes unfamiliar to the mode or diatonic scale whereupon an organization is based.
Chromatic tones in Western craftsmanship music are the notes in an organization that are outside the seven-note diatonic (i.e., major and minor) scales and modes. On the piano console, the dark keys speak to the 5 chromatic tones that don't have a place with the diatonic size of C real; high contrast keys together mean the chromatic size of 12 tones for every octave.