Mathematics, 03.11.2021 01:30 allieliquori
Lewis Enterprise is considering relaxing its credit standards to increase it currently staffing sales. As a result of the proposed relaxation, sales are expected to increase by 10% from 10,000 to $11,000 units during the coming year; the average collection period is expected to increase from 45 to 60 days; and bad debts are expected to increase from 1% to 3% of sales. The sale price per unit is $40, and the variable cost per unit is $31. The firm’s required return on equal-risk investments is 25%. Evaluate the proposed relaxation and make a recommendation to the firm. (Note: Assume a 365-day year.)
Answers: 2
Mathematics, 22.06.2019 02:30, alleshia2007
Which problem would you use the following proportion to solve for? 24/x=40/100 a. what is 40% of 24? b. what percent is 24 of 40? c. twenty-four is 40% of what number? d. forty percent of 24 is what number?
Answers: 3
Mathematics, 22.06.2019 04:10, kelseybieberrr19
Find the radius of a circle that has a circumference of 16. the formula for the circumference of a circle is c = 2tr, where r is the radius and c is the circumference. the equation solved for r is r = c over 2π. r=4 r= 8 r=12 r= 16
Answers: 1
Lewis Enterprise is considering relaxing its credit standards to increase it currently staffing sale...
SAT, 02.06.2021 14:00
English, 02.06.2021 14:00
Mathematics, 02.06.2021 14:00
English, 02.06.2021 14:00