The number of days of sales in receivables at year-end can be found to be e. 38.00 days.
What were the days of sales in receivables?The Days of sales in receivables at year end can be found as:
= (Ending accounts receivable / Sales) x 360 days
The Account receivables were $86,150 and sales were $827,500.
The Days of sales in receivables at year end is:
= (86,150 / 827,500) x 360
= 38 days
Missing part of question:
Income Statement For the Year
Net sales $827,500
COGS 611,800
Depreciation 23,100
EBIT $192,600 Interest 9,700
Taxable income $182,900 Taxes 6,200
Net income $176,700
Balance Sheet Beginning of Year End of Year Cash $ 38,200 $43,700
Accounts receivable 91,400 86,150
Inventory 203,900 214,600 Net fixed assets 516,100 537,950 Total assets $849,600 $882,400
Accounts payable $136,100 $104,300 Long-term debt 329,500 298,200 Common stock ($1 par value) 75,000 82,000
Retained earnings 309,000 397,900
Total Liab. & Equity $849,600 $882,400
Find out more on days of sales in receivables at https://brainly.com/question/25179871
#SPJ1
WILL GIVE BRAINLIEST, NEED HELP ASAP
1. A company can reduce a surplus of goods if they:
A. Decrease the price
B. Increase the price
C.Does not change the price
2. IPhones have been placed for sale in the market. They can only produce 1 million phones a month, but 200 million want to buy a phone each month creating a shortage. How can Apple eliminate the shortage?
A. Increase the price
B. Decrease the price
C. Do nothing to the price
how do i spell chicken strips?
Answer:
chicken strips
Explanation:
yes
True or False Communication is not always a vital skill in the workplace
Communication is always a vital skill in the workplace. The appropriate response is false.
What is communication?Information exchange is the traditional definition of communication. The expression can be used to describe both the broadcast and the area of study that looks at such transmissions. Information can be given, received, and shared through exchange.
Communication in the workplace is essential since it boosts worker happiness, productivity, and morale. Additionally important is communication for bettering teamwork and cooperation. Individuals, teams, and organizations all perform better when there is effective workplace communication.
Emails and chats you have during the day to request things, ask questions, get information, give or receive instructions, and so on are examples of informal interactions.
In the workplace, communication is a crucial ability.
Hence, the appropriate response is false.
To learn more about communication
https://brainly.com/question/22558440
#SPJ2
18. 18 months ago, you moved to Maine to run whitewater expeditions on the Penobscot River. You borrowed $20,000 to buy a trailer to transport the whitewater rafts. You have decided to repay the loan today. If the loan was a 4 year loan with monthly payments of $483.58 what is the amount that you owe the bank today
The amount that you owe the bank today is $16,733.55.
The amount that you owe the bank today would be the remaining principal balance of the loan. Since you made payments for 18 months, you have 42 more months of payments remaining (4 years - 18 months = 42 months).
To calculate the remaining principal balance, you can use the formula for a decreasing annuity, which is:
PV = PMT x ((1 - (1 + r)^-n) / r)
Where PV is the present value or the remaining principal balance of the loan, PMT is the monthly payment, r is the monthly interest rate, and n is the number of remaining payments.
Let's plug in the given values:
PV = $483.58 x ((1 - (1 + 0.08/12)^-42) / (0.08/12))PV = $16,733.55
Therefore, the amount that you owe the bank today is $16,733.55.
Learn more about bank
https://brainly.com/question/7275286
#SPJ11
Choose the option that best matches the description given.
Providing assistance to people in need through programs is known as ___
services. a mental health b rehab c human
Answer:
Human services
Explanation:
Adoption of enterprise systems by small and medium size enterprises (SMEs) has increased since 2000 largely because of A) the introduction of less expensive cloud-based enterprise systems products B) the maturation of enterprise systems applications C) widespread adoption of enterprise systems software among businesses in a wide range of industries D) the introduction of data analytics and business intelligence tools that can be used to mine enterprise systems data
The introduction of less expensive cloud-based enterprise systems products has made it more accessible for SMEs to adopt such systems without incurring significant costs.
Secondly, the maturation of enterprise systems applications has made them more stable, reliable, and user-friendly, thus making it easier for SMEs to integrate them into their existing workflows. Thirdly, the widespread adoption of enterprise systems software among businesses in a wide range of industries has created a need for SMEs to adopt these systems to remain competitive.
Lastly, the introduction of data analytics and business intelligence tools that can be used to mine enterprise systems data has made it more attractive for SMEs to adopt these systems as they can now gain insights into their business operations and make data-driven decisions. Overall, the of enterprise systems has had a significant impact on SMEs, enabling them to streamline their operations, improve efficiency, and remain competitive in the marketplace.
Learn more about Adoption of enterprise systems here:https://brainly.com/question/29913405
#SPJ11
technological advances allow smaller companies to compete with larger companies. group of answer choices true false
True, Technological advances allow smaller companies to compete with larger companies.
What is company?
A company is a legal entity created by a group of people to conduct and manage a business enterprise, whether it be commercial or industrial. Depending on the corporate law of its jurisdiction, a company may be set up in a variety of ways for tax and financial liability reasons. The type of business structure a company chooses, such as a partnership, sole proprietorship, or corporation, will typically depend on the industry it operates in. The ownership structure of the business is also indicated by these structures. Additionally, they can tell private from public companies. Both have different ownership arrangements, laws, and rules regarding financial reporting.
To learn more about company
https://brainly.com/question/27968241
#SPJ4
What is the MOST likely result of imposing a price ceiling on a particular product?
Answer:
Usually, when a price ceiling is imposed, the demand for the product goes up. This can cause a shortage of products because of their high-demand. Conversely, the opposite occurs when a price floor is imposed.
What are the steps for using the Evaluate Formula feature?
1. Select the cell with the formula you want to evaluate.
2. Click the
tab on the ribbon.
3. In the
group, click
.
4. Click Evaluate or
to start the process.
Answer:
Formulas
Formula auditing
evaluate formula
step in
Explanation:
just did it :)
Answer:
1) Formulas
2) Formula Auditing
3) Evaluate Formula
4) Step in
Explanation:
HOW TO USE THE EVALUATE FORMULA FEATURE:
1. Select the cell with the formula you want to evaluate.
2. Click the ✔ Formulas tab on the ribbon.
3. In the ✔ Formula Auditing group, click ✔ Evaluate Formula .
4. Click Evaluate or ✔ Step In to start the process.
Suppose a stock had an initial price of $97 per share, paid a dividend of $2.35 per share during the year, and had an ending share price of $107. What was the dividend yield and the capital gains yield? (Round the final answers to 2 decimal places.) % Dividend yield Capital gains yield 8
For the given stock we can see that the dividen yield is 2.42% and the capital gains yield is 10.31%
What was the dividend yield and the capital gains yield?To calculate the dividend yield and the capital gains yield, we need the initial price, the dividend paid, and the ending price of the stock.
Given the values:
Initial Price = $97 per shareDividend = $2.35 per shareEnding Price = $107 per shareThe dividend yield (DY) is calculated as the dividend paid per share divided by the initial price, expressed as a percentage.
DY = (Dividend / Initial Price) * 100
DY = (2.35 / 97) * 100
DY= 2.42%
The capital gains yield is calculated as the change in stock price (ending price minus initial price) divided by the initial price, expressed as a percentage.
We define CGY = capital gains yield, then:
CGY = ((Ending Price - Initial Price) / Initial Price) * 100
CGY= ((107 - 97) / 97) * 100
CGY= 10.31%
Learn more about stocks at:
https://brainly.com/question/26128641
#SPJ4
The National Recovery Administration (NRA) failed largely because a Harold Ickes, the head of the agency, proved to be an incompetent administrator. b it required too much self-sacrifice on the part of industry, labor, and the public. c businesses and labor aggressively and universally resisted any regulation of wages, prices, and hours by the agency. d it did not provide enough protection for labor to bargain with management. e the agency did not have enough power to control business.
Answer:
b. it required too much self-sacrifice on the part of industry, labor, and the public.
Explanation:
Franklin Delano Roosevelt was an American politician and statesman who was elected as the 32nd President of the United States of America in 1933. He was born on the 30th of January, 1882 in Hyde Park, New York, United States of America.
The National Recovery Administration (NRA) was an agency of the federal government of the United States of America, which was established in 1933 by President Franklin Delano Roosevelt.
The main purpose of the National Recovery Administration (NRA) was to stimulate, enhance or facilitate business recovery, promote compliance and reduce unemployment significantly
However, the National Recovery Administration (NRA) failed largely because it required too much self-sacrifice on the part of industry, labor, and the public.
what do u think? like the video?
Answer:
Explanation:
Be more specific
an employee can be dismissed if their job surplus to requirements' outline why this state ment is false
why did Nike use sweatshops to produce their products ?
Answer:
Nike, Inc. has been accused of using sweatshops and worker abuse to produce footwear and apparel in East Asia. During the Nike attempted to lower costs after increasing cost of labor in Korean and Taiwanese factories, Nike began contracting in East Asian countries. ... Nike has participated into this right.
Who made this website?
Answer:
Michal Borkowski, Tomasz Kraus, Lukasz Haluch
Explanation:
List your personal and professional goals and create an individual career plan. Your plan should have specific milestones and achievements and should span 10 years.
can someone help me I want to go into the Navy or be a Tattoo artist and I can't think of anything for this.
30 POINTS!!
Explanation:
Setting specific, measurable career development goals can help you get to the next level in your career. While developing a career plan can entail a significant amount of work, it will pay off in helping you to understand where you want to go with your career next and what you need to do to get there.
Creating and implementing an employee career development plan allows you to feel motivated at work, even if you haven’t found your dream job just yet, because it helps you to make concrete plans to get there.
Here, we define a career development plan template and outline five steps to easily and efficiently make an individual development plan for yourself.
The new standard, Revenue from Contracts with Customers, a. adopts an asset-liability approach for revenue recognition. O b. adopts criteria that deemphasize the importance of contracts with customers. c. adopts "risks and rewards" criteria. d. adopts a revenue-gain approach for revenue recognition.
In order to recognize revenue, the new norm, income from customer contracts, uses an asset-liability framework. Option A is correct.
The new standard, Revenue from Contracts with Customers, adopts an asset-liability approach for revenue recognition. Explain the statement.The creation, improvement, or settlement of an asset or the payment of a liability occurs when an entity fulfils its commitments to transmit goods or services to a client, according to this definition. The requirement states that a business must depict the transfer of promised products or services to consumers in a way that reflects the consideration to which the company anticipates being entitled in exchange for such goods or services. This way, revenue is shown to be recognised. The new standard represents a fundamental change in how businesses are required to recognize earnings derived from client contracts and supersedes the existing revenue recognition advice in US GAAP and IFRS.
To Know more about liability visit:
brainly.com/question/28483469
#SPJ1
What are three ways to make money through investing in real estate?
Answer:
There are three primary ways investors could potentially make money from real estate: An increase in property value. Rental income collected by leasing out the property to tenants.
Answer: By a sudden positive change in the economy, by renting out residences or land to customers, or by being smart about when and how the properties are put up for sale or rent
Explanation:
A customer reward program can be useful because it _____. (Select all that apply.)
allows the customer to get a reward
helps develop a profile of the customer
shows the customer’s purchases
restricts the customer’s shopping to one particular store
A customer reward program can be useful because it d. restricts the customer’s shopping to one particular store.
What exactly is a customer loyalty program?The point-based loyalty programs known as customer reward programs are meant to encourage more purchases and customer engagement in return for discounts and other perks.
What do reward schemes accomplish?Companies can provide customers with points or benefits through a loyalty program. In addition, they can exchange points for special offers, free goods, rewards, or access to exclusive benefits. The objective is to cultivate customer trust and encourage repeat purchases. 95% of customers say that having faith in a company makes them more loyal.
Therefore, the correct answer is d. restricts the customer’s shopping to one particular store.
Learn more about customer reward program on:
brainly.com/question/17087458
#SPJ1
The price of mangoes is currently $5.00 per pound. At this price, producers are supplying 4,000 pounds of mangoes. Point C on the graph shows the current equilibrium price and quantity. To which point will the equilibrium shift if the demand increases suddenly because of a non-price determinan
t of demand?
Answer:
yes
Explanation:
Answer:
Point "B"
Explanation:
The following rule of thumb is to follow your equilibrium point. D2 "Demand Curve 2" and S1 "Supply Curve 1" illustrates how demand increases because of a non-price determinant.
Advertising, like any part of the promotional mix, can be managed by following several steps. What are two of those steps?.
Advertising, like any part of the promotional mix, can be managed by following several steps. Executing and Evaluating are those two steps.
The most important step in putting an advertising plan into action is execution. In this stage, an advertisement is carefully examined and put in the appropriate media while taking the advertising goals into account.
Creative executions are components that advertisers use more to draw attention than to enlighten consumers about a product or brand. Athlete or celebrity endorsements, humor, fanciful imagery, and words or visuals that evoke strong emotions like shock, fear, or warmth are a few examples.
A planned advertising program's effectiveness in terms of sales, elevated brand awareness, expanded distribution, or other program goals are measured through advertising campaign evaluation.
To learn more about Advertising visit: https://brainly.com/question/14437007
#SPJ4
the knowledge and skills that can be used to create new products, attract new customers, and increase profits is called
The knowledge and skills that can be used to attract new customers is
called Marketing.
Marketing is done by most organizations to enable them have more
customers thereby increase their profit margin as a result of high sales.
It is a skill that involves convincing people of the products advantages and
durability when compared to others. It also involves gathering information
from consumers to make a better product.
Read more on https://brainly.com/question/25265001
A party can be discharged from a contract. Name eight ways thata party can be discharged.
A party can be discharged from a contract by impossibility of performance, breach of contract, rescission, frustration of purpose, operation of law and illegality.
1. Performance: The parties fulfill all the terms and conditions of the contract, and the contract comes to an end. A party is discharged from a contract when they have fully performed their contractual obligations.
2. Mutual agreement: Both parties agree to end the contract by mutual consent. Both parties may mutually agree to terminate the contract, thereby discharging their obligations.
3. Impossibility of performance: The performance of the contract becomes impossible due to unforeseeable events, such as war, natural disasters, or death of the parties involved.
4. Breach of contract: A party breaches the contract, and the non-breaching party can choose to terminate the contract. If one party breaches the contract, the other party can be discharged from their obligations.
5. Rescission: One party can request the court to rescind or cancel the contract due to misrepresentation, fraud, or mistake.
6. Frustration of purpose: The objective of the contract becomes meaningless due to unforeseeable events, such as a change in law or regulation.
7. Operation of law: The contract becomes illegal due to a change in the law, or the contract is declared void by the court. A party can be discharged by operation of law, such as bankruptcy, which makes it impossible for the party to fulfill their contractual obligations.
8. Illegality: If the subject matter of the contract becomes illegal or the contract itself is found to be against public policy, a party can be discharged from the contract.
By understanding these eight ways, you can better navigate the circumstances that may lead to a party being discharged from their contractual obligations.
Learn more about mutual agreement here: https://brainly.com/question/29794645
#SPJ11
In for peny, in for a pound , taking care of the rands and cents
Answer:
l don't understand the question you ask
For what purpose does the government use the taxes it collects from the public?
The majority of this cash goes toward funding government activities, such as maintaining infrastructure and paying employees' wages, as well as purchasing goods and services for American individuals and businesses.
What objective does the government have when it collects taxes?The tax system aims to make sure that everyone makes their fair share of contributions to the operation of the federal government and the economy. The government invests in the nation and provides goods and services for the benefit of the American people using the federal taxes you pay.
In order to raise funds for their primary expenditure goals, governments impose taxes on their residents and enterprises. In order to stimulate economic growth, this includes funding governmental and public projects as well as improving the business climate in the nation.
Learn more about tax system: https://brainly.com/question/9695290
#SPJ4
The repayment of a note payable is classified in the statement of cash flows as a(n): _______
a) noncash activity.
b) investing activity.
c) operating activity.
d) financing activity.
The repayment of a note payable is classified in the statement of cash flows as a financing activity.
The financing activity in the cash flow statement focuses on how a firm raises capital and pays it back to investors through capital markets. The largest line items in the cash flow from financing activities statement are dividends paid, repurchase of common stock, and proceeds from the issuance of debt.
The cash flow from financing activities helps investors see how often and how much a company raises capital and the source of that capital.
To know more about financing activities here:
https://brainly.com/question/16377227
#SPJ4
What does an exchange rate tell you?
A. How many products have been exchanged between two different countries
B. The number of people in one country in comparison to another country
C. How much one unit of currency is worth when converted to another currency
D. The speed that people are buying a specific type of product
Answer:
C. How much one unit of currency is worth when converted to another currency
It tells you: C. How much one unit of currency is worth when converted to another currency.
imagine that you are a member of group with 50 members. if 12 of you contribute to the provision of a public good, it will be provided. the cost of contributing is less than the benefit is worth. if you expect that 5 of your fellow group members (aside from you) will contribute, what is your best response?
Assuming you know that ten individuals from the gathering (beside yourself) will contribute, you shouldn't contribute .
What is a "Public Good"?A commodity or service that is made available to all members of a society is referred to as a "public good" in economics. These services are typically managed by governments and collectively funded by taxation.
Law enforcement, national defense, and the rule of law are examples of public goods. In addition, the term "public goods" refers to more fundamental necessities like access to clean air and water. The free-rider problem is a significant issue connected to public goods. It is possible for some members of society to use the good despite refusing to pay for it because public goods are made available to everyone, regardless of whether each individual pays for them. Turnstile jumpers on a subway system, for instance, are essentially taking a "free ride" on the revenues provided by those who pay taxes.
To learn more about public goods visit :
https://brainly.com/question/14975509
#SPJ1
What's the answer I need help ASAP!!
Answer:
B
Explanation:
They have fixed costs of £200 per month Each item's raw materials cost £50 The items sell for £150 each
What is the Break Even Point for the business?
Answer:
2 unit
Explanation:
The break-even point is that point at which a business makes no profit after settling all the necessary fixed cost for the period. It is the point preceding profit making at which costs are recovered
It is calculated by dividing the fixed costs with the sales revenue less the variable cost per unit of an item.
Workings
Fixed cost = 200
Selling price = 150
Variable cost = 50
Break even point = 200/(150-50)
=2 units
Any sales below this ends up in a loss as the fixed cost will not be fully recovered.