The answer is 2 times.
Accounts recievable turnover ratio = net sales / average accounts recievable
=1,000,000 ÷ (700,000+300,000 ÷ 2)
Answer: Optimization of resource allocation
Explanation: Macroeconomics, in simple words, refers to the study of economy as whole. It focuses on factors, the impact of which is high on economy such as interest rates and national productivity.
One of many concerns that macroeconomics deals with is optimization of resource allocation, which means using resources in that sector which gives the best results and maximum profit to the economy.
Answer:
"Marketing segmentation" is the appropriate answer.
Explanation:
- The technique of dividing large operations into communities having shared requirements, specifications as well as preferences, would be considered as Marketing segmentation.
- However, it is founded upon this notion that within an attempt to maintain their competitive edge as well as improved flexibility, organizations should identify organizational process categories.
Thus, the above is the correct response.
Answer:
D. Inventory larceny scheme
Explanation:
Inventory larceny scheme: It is a scheme of misappropriation or stealing of inventory or any other assets by the employee from the premises of the company without recording the theft in the books of accounts. These assets are stolen to be sold to the third party or for personal use.
There are several non-cash thefts by employees, including inventory or other expensive assets of the company. Misuse of inventory or other asset is also included in a larceny scheme.
In the given case, Ben Rogers asked his sister Dawn to come into the store. When she arrived, Ben put three watches, two fishing reels, and four pairs of sunglasses in a sack and gave it to her, which is a clear case of asset misappropriation and it is called Inventory larceny scheme.
Answer:
$259,448
Explanation:
Estimated manufacturing overhead $264,040
Estimated direct labor hours 2,300
predetermined overhead rate = $114.80 per labor hour
Actual manufacturing overhead $258,000
Actual direct labor hours 2,260
actual overhead rate = $114.16
applied overhead for the year = actual direct labor hours x predetermined overhead rate = 2,260 hours x $114.80 = $259,448 overapplied ($259,448 ˃ $258,000)