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What is the key consideration for success in the management of accounts receivable?
The key is the number of days in which the credit is collected by the company. Bad debt percentage alone is not the ultimate measure, it is a combination of different credit control percentages along with the time within which debts are collected that matter.
Explain why the bad debt percentage or any similar credit-control percentage is not the ultimate measure of success in the management of account receivable What is the key consideration?
The key is the number of days in which the credit is collected by the company. Bad debt percentage alone is not the ultimate measure, it is a combination of different credit control percentages along with the time within which debts are collected that matter.
What is the formula to calculate the accounts receivable turnover ratio and what does the formula measure?
The accounts receivable turnover ratio is calculated using the formula: Accounts Receivable Turnover = Net Credit Sales / Average Accounts Receivable. This ratio measures how efficiently a company collects its receivables, indicating how many times, on average, it collects its outstanding credit accounts during a specific period. A higher turnover ratio suggests effective credit management and quicker collection of outstanding debts.
What is A measure of the percentage of each dollar of sales that results in net income?
The measure of the percentage of each dollar of sales that results in net income is known as the net profit margin. It is calculated by dividing net income by total sales revenue and expressing the result as a percentage. A higher net profit margin indicates greater efficiency in converting sales into actual profit. This metric is crucial for assessing a company's profitability and financial health.
Why is the bad debt percentage or any similar credit-control percentage is not the ultimate measure of success in the management of account receivable and what is the key consideration?
The key consideration is profitable income. For every bad debt percentage there is possible liquid income or assets. After excluding revolving credits and living expenses there can be an available amount for collateral.
What is identities IN BLAST?
Identities in BLAST represent the percentage of identical amino acids or nucleotides between two sequences when comparing them. It is a measure of how similar the sequences are at a specific position.
What measure is used when comparing wages?
interval
When you are comparing the energy of different waves you measure what of the waves?
Amplitude.
How could you measure electrolytes in drinks?
You can measure electrolytes in drinks by first checking the temperature and then comparing it to the usage of electrolytes.
How many btu are in an hour?
You are comparing apples and oranges. BTU's are a measure of heating capacity and hours are a measure of time.
What percentage is a solution containing 150 mg of active substance in 20 ml?
A percentage measure is appropriate only when both measures are in the same units (or their multiples). Milligrams are a measure of mass while millilitres are a measure of volume. The two measure different things and they cannot be converted into a percentage.
How do you find the percentage of friendship on paper?
You cannot measure friendship in percentage terms!
What are the main summary statements of the balance of payments accounts and what do they measure?
you suck
What is the acidity percentage of the solution?
The acidity percentage of the solution is the measure of how acidic it is. It is typically expressed as a percentage of the total solution.
How 2.5 inch in percentage?
It is 250%. If you want 2.5 inches as a percentage of some other measure then you will need to say what that other measure is: we cannot guess.
What percentage of Colombian women are 120cm tall?
The more precisely you measure them, the smaller the percentage will be.
How do you calibrate a hygrometer?
Hygrometer is an istrument to measure moisture content in air, By comparing with master instruments we can calibrate this.
