falls/decrease is the correct answer
What is the sales amount?
The Accounts Receivables Turnover (ART) for this company is 18.25 and the sales amount is $1,825,000.
The Accounts Receivables Turnover (ART) is a measure of how efficiently a company is able to collect on its outstanding accounts receivables. It is calculated by dividing the total sales amount by the average accounts receivable balance.
To find the ART for this company, we can use the following formula:
ART = 365 days / ACP
= 365 days / 20 days
= 18.25
This means that the company's ART is 18.25, indicating that it is able to collect on its outstanding accounts receivables 18.25 times per year.
To find the sales amount, we can use the following formula:
Sales amount = ART x AR balance
= 18.25 x $100,000
= $1,825,000
Therefore, the sales amount for this company is $1,825,000.
In conclusion, the Accounts Receivables Turnover (ART) for this company is 18.25 and the sales amount is $1,825,000.
To know more about ART refer here:
#SPJ11
Answer:
the global village
Explanation:
Global village is a term used to describe how communication between parties that are far apart is done as a result of interconnectivity and advanced media technology.
An individual does not need to travel from New York for example for a meeting, rather meetings can now be done online.
In this scenario Paul checked his e-mail daily and showed his company's website to customers, explaining how the website will help them place orders and receive merchandise more quickly.
He was able to work with his office and the customers he visited through the use of media.
This shrinking of time and space by use of media is referred to as the global village.