Roxy International Is Considering Easing Credit Standards to Increase Sales,and

question 40

Multiple Choice

Roxy International is considering easing credit standards to increase sales,and potentially profits.Currently the firm sells 2,000,000 units at a sales price of $7 per unit and variable cost of $5 per unit.Currently the average collection period is 35 days and the bad debt expense is 2% of sales.The required return on investment is 18%.If credit standards are eased,the sales will increase to 2,500,000 units; the ACP will increase to 65 days; and the bad debt expense will increase to 5% All else will remain the same.What the current average in investment in accounts receivable?

• A) $ 958,904.11
• B) $1,342,465.75
• C) $7,458,143.07
• D) $ 273,972.60

Compare and contrast theories of intergroup conflict and their perspectives on the inevitability of disputes.

Analyze the relationship between stereotypes and intergroup conflict, including the influence of stereotypes on perceptions.

Apply evolutionary theory to explain human tendencies toward intergroup conflict.

Describe the minimal intergroup situation and its implications for the inevitability of intergroup conflict.

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Definitions:

Comparative Advantage

In economics, comparative advantage refers to the ability of a country or individual to produce a particular good or service at a lower opportunity cost than its competitors.

Taxi Parts

Components or spares used in the maintenance and repair of taxicabs.

Oranges

A citrus fruit that is a common source of vitamin C, available in several varieties and used in both food and beverages.

Normative Statement

A statement that expresses a value judgment or opinion, indicating what ought to be rather than what is empirically observable.