Essence of skunk fragrances, ltd., sells 8,300 units of its perfume collection each year at a price per unit of $490. all sales are on credit with terms of 1/10, net 60. the discount is taken by 75 percent of the customers. a. calculate the average collection period. (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) b. what is the receivables turnover? (use 365 days a year. do not round intermediate calculations and round your answer to 3 decimal places, e. g., 32.161.) c. what is the amount of the company’s average receivables? (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.)

Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units

Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive