The financial statements of the manufacturing company reports net sales of $600,000 and accounts receivable of $80,000 and $40,000 at the beginning of the year and end of year, respectively. what is the accounts receivable turnover for ?
a. 10.0 times
b. 15.0 times
c. 7.5 times
d. 5.0 times
its to satisfy all economic want in the community
answer by yourhope:
hi! : )
question: explain if there is excess supply or demand of goods at the equilibrium price and why?
answer: equilibrium is at the point where supply and demand meet and the prices are set. since the price is set as a equilibrium, there won't be an excess to either, but if you set the price above equilibrium, you move away from equilibrium and have disequilibrium create excess supply or excess demand!
have a beautiful day~
i'm pretty sure the answer is a. a school super intendent