Answer:
35.35 days
Explanation:
For the computation of company’s days’ sales in receivable first we do the following calculations
As we know that
Profit margin = Net income ÷ Sales
0.086 = 187,000 ÷ Sales
Sales = 2,174,418.605
So,
Credit sales = Sales × Sales percentage
= 2,174,418.605 × 0.6
= 1,304,651.163
Receivables turnover ratio = Credit sales ÷ Receivables
= 1,304,651.163 ÷ 126,370
= 10.3241
Now
Days sales in receivables = 365 ÷ Receivables turnover
= 365 ÷ 10.3241
= 35.35 days
Okk whats the rest...................... that means that the employs are great <span />
The study of the interaction between individuals and businesses is known as microeconomics.
<h3>What is microeconomics?</h3>
Microeconomics refers to the study of an individual, households the behavior of the firms or organizations in the process of decision making and resources allocation.
It is the study of the outcome, what will come out when an individual changes his or her choices in the response of change in the price, resources and production method.
Basically, microeconomics examines how a firm can maximize its production by minimizing its price for better competition.
Learn more about the microeconomics here:-
brainly.com/question/13120341
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Answer:
D.
Explanation:
Agency relationship implies that one person referred as principal allows another person agent to take decision or act on former's behalf.
In an agency relationship, the principal delegates decision-making authority to the agent.
