<span>To calculate the average collection period: the average accounts receivable balance divided by average credit sales per day.
With $1,000,000 per year, that is $2739.73 per day.
The average accounts receivable is ($80,000 + $60,000) / 2 = $70,000
$70,000 / $2,739.73 = 25.6 days</span>
Increase in price leads to a decrease in supply.
Answer:
the bad debt expense that reported in the income statement is $2,300
Explanation:
The computation of the bad debt expense that reported in the income statement is as follows;
= Total estimated uncollectible accounts - unused balance
= $3,200 - $900
= $2,300
Hence, the bad debt expense that reported in the income statement is $2,300
Answer:
Redesigning work
Explanation:
Redesigning work refers to reviewing work tasks and job responsibilities in order to optimize the way employees perform their tasks and increase their efficiency and productivity. Redesigning work may include reallocating staff to different areas, increasing their number where they are needed in order to increase total output. It may also include changing the processes involved in the production of goods, customer care services, and even changing the company's organizational structure.
The final goal of redesigning work is to both increase efficiency and total output, and increase employees' satisfaction.
Answer:
See explaination
Explanation:
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