The following information is taken from Reagan Company's December 31 balance sheet:
Cash and cash equivalents $10,019​
Accounts receivable 78,422
​Merchandise inventories 68,362
​Prepaid expenses 5700
​Accounts payable $16,550
​Notes payable 94,638
​Other current liabilities 11,100
​If net sales for the current year were $603,500, the firm's days' sales uncollected for the year is:________. (Use 365 days a year.)
A. 159.4 days
B. 79.7 days
C. 41.3 days
D. 47.4 days
E. 69.5 days

Answers

Answer 1

Answer:the firm's days' sales uncollected for the year= 47.4 days---d

Explanation:

The Days’ Sales Uncollected, a liquidity ratio that gives an idea of  average collection period which is an  estimation for the number of days the amount receivables is expected to be collected.

it depends on the 1) Account receivables and 2) Net sales .

the formulae is given below as

Days sales uncollectible = Account receivables / Net Sales x 365

=( $78,422/$603,500) x 365 =0.12994 x 365= 47.4 days


Related Questions

A financial institution that accepts deposits, makes loans, and provides other
services as a nonprofit organization is called a:
O A. payday lender.
O B. retail bank.
O c. title pawn lender.
O D. credit union.

Answers

Answer:

D. credit union.

Explanation:

A credit union is a financial institution founded by large institutions and organizations to benefits their employees. The employees who join the credit union become members and owners of the institutions. Credit unions offer banking services such as accepting deposits and issuing loans to their members.

Credit unions operate similar to cooperatives than banks. They offer services to the members who are owners; hence are non-profit making financial institutions. They issue loans at a  cheaper rate than commercial banks.

Answer:d

Explanation:

Management Accounting is a branch of Accounting information system responsible for the provision of information in support of managerial responsibilities. Explain with reference to empirical literature, how this is true

Answers

Answer:

Managerial accounting is the practice of analyzing and communicating financial data to managers, who use the information to make business decisions.

Explanation:

Consider a city of 200 people (100 rich and 100 poor) and two neighborhoods (100 people in each). Both groups generally prefer to live with rich people and are willing to pay a premium for living with a fraction of rich people that is larger than 50%. Poor people’s premium curve is given as �!""# = 2�$, where x is the percentage of rich above 50% (e.g., if there are 52% rich, x will be 2). Rich people’s premium curve is given by �%&'( = 60� − 0.4�$. a) What is the equilibrium outcome (i.e., what is the share of rich and poor people, respectively). Explain.

Answers

Answer:give me Brainliest

Explanation:

Suppose you buy land for $3,100,000 and spend $1,150,000 to develop the property. You then divide the land into lots as follows:
Category Sale Price per Lot
15 hilltops lots 540,000
15 valley lots. 360,000

How much did each Hilltop lot cost you?
$

Answers

The cost per hilltop lot is: 0.6 x $4,250,000 / 15 = $162,000

How to determine much did each Hilltop lot cost you

The entire cost of the land and development is $3,100,000 + $1,150,000 = $4,250,000.

The total earnings from selling the lots is: 15 hilltop lots x $540,000 per lot + 15 valley lots x $360,000 each lot = $13,500,000

Each category's relative value is as follows:

15 hilltop properties x $540,000 each = $8,100,000

15 valley parcels x $360,000 each = $5,400,000

The entire relative value is: $8,100,000 + $5,400,000 = $13,500,000

The hilltop lots have a ratio of:

$8,100,000 / $13,500,000 = 0.6

So, the cost per hilltop lot is: 0.6 x $4,250,000 / 15 = $162,000

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how environmental markets can improve an energy market portfolio

Answers

Environmental markets can support international collaboration on energy technology to stable destiny strength materials and mitigate their environmental impact, such as via improved energy.

What do you understand about environmental markets?

Environmental markets can be defined as a progressive coverage method to leverage investment for environmental conservation on non-public lands. They can function as a supplement to conventional conservation programs.

thus, Environmental markets can support international collaboration on energy technology to stable destiny strength materials and mitigate their environmental impact, such as via improved energy.

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Many people died in earthquake would do what to ppc?

Answers

The death of many people in an earthquake would lead to a reduction in the labor force and damage to the capital, resulting in a shift of the Production Possibility Curve inward.


Reduction in Labor Force: The loss of lives would lead to a reduction in the labor force, as there are fewer people available to work. This will result in a decrease in the production capacity of the economy.Damage to Capital: An earthquake can cause significant damage to the physical capital, such as buildings, machinery, and infrastructure. This damage would further reduce the production capacity of the economy.

Shift in PPC: Due to the reduced labor force and damage to capital, the Production Possibility Curve will shift inward, representing a decline in the economy's ability to produce goods and services.

Resource Reallocation: The government and businesses may need to prioritize resources to rebuild and recover from the disaster. This may result in a reallocation of resources from the production of some goods and services to those that are more urgently needed, such as emergency services, reconstruction, and disaster relief.

In summary, the death of many people in an earthquake would lead to a reduction in the labor force and damage to the capital, resulting in a shift of the Production Possibility Curve inward. This represents a decrease in the production capacity of the economy and may require the reallocation of resources to address the urgent needs created by the disaster.

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Is there anything in your personal, professional, or financial history that requires explanation?

Answers

Unclear question. Answered from a general perspective.

Explanation:

Yes. There are certain aspects of one's financial history for example that may require further explanation.

For example,  in the case of someone who took a loan in the past that is yet to be fully paid may need to provide a further explanation as to why there was a default in the loan repayment.

An energy guide label is NOT required in which of the following items?

Refrigerator

Water heater

Washing machine

Blender

Answers

Answer: i would say a blender

Explanation: most small appliances don't have them

Using your knowledge of how to properly punctuate dialogue, select the choice that has no errors.

"You may have luxuries and dainties that I have not," She said as she hurried away, "But I prefer my plain food and simple life in the country with the peace and security that go with it."

"You may have luxuries and dainties that I have not." she said as she hurried away, "but I prefer my plain food and simple life in the country with the peace and security that go with it."

"You may have luxuries and dainties that I have not." she said as she hurried away. "But I prefer my plain food and simple life in the country with the peace and security that go with it."

"You may have luxuries and dainties that I have not," she said as she hurried away, "but I prefer my plain food and simple life in the country with the peace and security that go with it.

Answers

Answer:

The third choice, the one that has a period before the word "but"

Explanation:

There can't be any "run on" sentences when trying to put a conversation. I'm pretty sure that's the answer, but it's hard to explain. I'm so sorry if I didn't make sense.

Balance sheet, net income
Ebony interiors balance sheet February 28, 2018

Answers

Answer: Financial decisions are often hard to make. We help people make those decisions by making comparisons, finding out what others have chosen, and considering the financial implications of their options.

A company purchased $4,400 worth of merchandise. Transportation
costs were an additional $385. The company returned $305 worth of
merchandise and then paid the invoice within the 2% cash discount
period. The total cost of this merchandise is:

Answers

Answer:

If I did get it right it should be 4,569.6

Three important forms of financing long-term (capital) expenditures are:
O a. Accounts payable, notes payable, and cimmercial paper
O b.trade credit, bank loans, and commercial paper
O c. trade credit, accounts payable, and bank loans
O d. term loans, mortgage loans, and bonds

Answers

Answer:

O d. term loans, mortgage loans, and bonds

Explanation:

Term loans are credit facilities where the lender and borrower agree on the loan amount and a repayment schedule. It involves a large sum of money to be repaid over a long period making it ideal for acquiring capital.

Mortgage loans are long term debts used to finance the purchase of properties. It is ideal for expensive capital due to the lengthy time it takes to repay.

Bonds are long-term debt securities issued by corporations to finance long term projects.

What are the opportunity offers by
vocational education?​

Answers

Answer:

Where I grew up, I went to a vocational school for just the beginning of the year, then left to a charter school, At a vocational school, I can choose a cooking class, welding, mechanic, and some other neat stuff, it's kinda of preparing you to be independent, but also you can do it working with other people too.

They are strict with absences and tardies, 3 tardies make one absence, and absences put penalties on your highschool resume/record, depending on how many penalties from absences and tardies you get, they kick you out of the school which is not fair if you have construction workers on the road  slowing you down on your way to school for 3 months.

If you do a vocational school, collages you want to go to are more likely to take you in faster than a person who went to a regular high school.

Which situation is an example of indirect taxation?
OA. Stores charge sales tax on each purchase and give that money to
the government.
OB. Homeowners must pay a percentage of their home's worth to the
government.
OC. Businesses must send a portion of their income each year to the
government.
OD. Every citizen sends the government money to support the armed
forces.
SUBMIT

Answers

Option A is the correct answer. Indirect taxation is the situation where taxes are imposed on products or services and not directly on individuals. Therefore, the example of indirect taxation in the situation given is when stores charge sales tax on each purchase and give that money to the government.

Stores charge sales tax on each purchase and give that money to the government is an example of indirect taxation.Indirect taxation is a method of taxation in which individuals are not taxed directly, but instead, the tax is paid through an intermediary.

The tax is generally imposed on products or services. This tax, which is passed on to the customer as part of the price of the good or service, is then collected by the seller and forwarded to the government.

Sales tax, excise tax, and customs duty are all examples of indirect taxes.

Therefore, Option A is the correct answer.

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3. What should you do before writing the report?
Gather the background information, and determine the problem necessitating the proposal.
Establish criteria for comparison.
Draw conclusions and make recommendations.
4. Yardstick reports (tell how the criteria were selected or developed / examine problems with one solution / avoid mentioning alternatives) .

Answers

Gather the background information, and determine the problem necessitating the proposal you should do before writing the report.

Report writing

In technical words, a report is any description, oral or written, of the things touching a certain topic. This might be anything from a trial testimony to a third-grade book report. A report is a document that comprises all factual facts about an event or issue and covers all of the information linked to it. As a result, the person writing the report must ensure that all of the information supplied is supported by appropriate proof. Reports are divided into three categories based on their aim or motivation. The most prevalent sorts of reports are as follows: 1. Academic Reports: This report assesses the child's understanding. It determines whether the learner comprehended and understood the material.

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ABC Co. has an average collection period of 45 days and an operating cycle of 130 days. It has a policy of keeping at least $10 on hand as a minimum cash balance, and has a beginning cash balance for the first quarter of $10. Beginning receivables for the quarter amount to $35. Sales for the first and second quarters are expected to be $110 and $125, respectively, while purchases amount to 80% of the next quarter's forecast sales. The accounts payable period is 90 days. What is the ending cash balance for the first quarter

Answers

Answer:

hile purchases amount to 80% of the next quarter's forecast sales. The accounts payable period is 90 days. What is the ending cash balance for the first quarterResearch about Alexander Hamilton Maria Reynolds Scandal.Djiboli Rapper is bad, followed by its level and its intention.

There is no one Jibouli of us who follows his intention.

With the group

You don't get like godfather in rap.

Seriously, and what I perfect from my childhood, I fell in love with rap.

I became a rap artist.

I burned for most of the rap.

I suffered in my life and patience Lynn Masmni Godfather.

.

Anyone has any right to philosophize and say how is his guardian.

I love the art of rap

I am a fan of the art of rap

I woven it for rap

So they called me the godfather

I am the one who opened this door and opened people's eyes to it

Anybody's money any right to philosophize and tell how his guardian

I hear about young people wearing their heads down

And whoever prevents me from hurting them and turning their lives into misery

On the day I ask about them, I want to sing them. I want to know who they are.

If I extend my hand on him, his tears will fall before the palm

I ask about his past, they tell me he was sniffing

Ok, in this case I do not respond to the same quality

A little chickens shout that you don't get any harm

I know hypocritical people hand out smiles

In my face when they meet me loudly laughing

Open your mouth at the end and laugh, I mean, you became my friend

Huh

I think you count my mind by intentions

Wind your face muscles do not smile much

Do not be deceived that I am a young man in front of you

I am over with the hawks. Mali is the chicken sitting

And the falcon empty a falcon is not as well as what we need

After the incarceration, my darling, my eyes changed the perception that a friend is a friend

And I understood my life as a lesson, no one who said I am your brother, I mean, I have no

The first of them are the people who disappeared from my detention

I will not hold and do the same as some people

Sell me Sabouni, I love to knock the head off

If my life passed a mistake I will not regret it

But he took it as a lesson in my life and made it a basis for meساعات أجلس لحالي أقعد فيها أفكر.

أتذكر أشياء كثيرة كنت فيها معاك مقصر.

اتندم على كل لحظة ذرفتي فيها علشاني الدمعة.

علقتي فيا آمالك كنتي تقيدي في دربي الشمعة.

يا عمري أبغاك تكون.

أحسن واحد في الكون.

وهذا كلامك لي ولجل عيونك أحاول إني أكون.

حبيبتي اسمعيني.

حطي عينك في عيني.

أنا عند حسن ظنك مع الأيام بتشوفيني.

الإنسان اللي تمنيته.

على كثر أغلاطه تحملتيه.

صدقيني يالعزيزة انه يحبك زي مانتي تحبيه.

أمانة ما أبغى أشوفك زعلانة مني في يوم.

ما أبغى أشوف قلبك مهموم.

لأنك بالنسبة لي أنت الحب الحقيقي.

ما أتوقع من غيرك أقدر أكمل طريقي.

كل همك في الدنيا إنك تشوفيني في القمة.

Goal conflict can be avoided if budget goals are carefully designed for consistency across all areas of the organization. True False

Answers

Answer:

True

Explanation:

Goal conflict can be regarded as a kind of conflict that occur when there is two or more goals that are competing in ones mindset. It could be a clash in between ones personal goals and organizational goals. Goal confict can be avoided if budget goals are carefully designed for consistency across all areas of the organization.

Question # 2
Multiple Choice
Why might workers leave sheet piling in place even after construction is finished?
Sheet piling is often made from hazardous substances and is dangerous to handle
O Sheet piling is an integral part of the structure of any building,
Sheet piling is often useful for shallow excavations, which require extra stabilization throughout the building's life cycle.
O Sheet piling may be incorporated into the foundation, especially if soil conditions necessitate it.

Answers

Answer:    Sheet piling may be incorporated into the foundation, especially if soil conditions necessitate it.

you are the manager of a firm that receives revenues of $60,000 per year from product X and $100,000 per year from product Y. The own price elasticity of demand for product X is −2, and the cross-price elasticity of demand between product Y and X is 1.5. How much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 2 percent?

Answers

Firm's total revenues will change to $600 if you increase the price of good X by 2 percent

Price elasticity of demand = percentage change in quantity demanded / percentage change in price −2 = percentage change in quantity demanded / 2% percentage change in quantity demanded = --2 x 2% = -4% The quantity demanded of good X would fall by 4% Revenue would change by -0.04 x  $60,000= -$2400 Cross price elasticity of demand measures the responsiveness of quantity demanded of good Y to changes in price of good X. 1.5 = percentage change in quantity demanded of good Y / 2% percentage change in quantity demanded of good Y = 1.5 x 2% = 3.0% The quantity demanded of good Y would increase by 3.0% Revenue would change by 0.030 x $100,000= $3000 Total change = -$2400+ $3000=$600

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The us government would most likely get involved in which economic issue?

Answers

Answer: The United States government is most likely to get involved in economic issues related to taxation, trade, labor, and the regulation of businesses. Additionally, the government may get involved in other economic issues such as poverty, unemployment, inflation, and the national debt.

Define a random variable that represents the time in minutes required to assemble the product

Answers

A random variable x is a numerical outcome of a probability experiment. There is a numerical value which is determined by chance for each outcome in the procedure or experiment. Therefore, a random variable is used for describing outcomes using numerical values.

x = time in minutes

Choose the correct statement regarding a Kanban system.

a. Kanban system increases the buffer inventory levels.
b. Maximizing the number of Kanbans available will reveal problems that need to be resolved.
c. The upper bound on the work in process inventory (WIP) is set by the number Kanban Cards.
d. The Kanban system is impractical in real life manufacturing environments.

Answers

Answer:

c. The upper bound on the work in process inventory (WIP) is set by the number Kanban Cards.

Explanation:

Kanban system is used in inventory management as it minimizes holding and ordering costs of the company. Kanban system helps the company to move towards Just in time and Make to order system. This helps reduce buffer stock for the inventory and goods are made when the order is received.

Question 25 You are a Financial Manager for Dexter Manufacturing. Your sales were $1,000,000 in 2010, and $1,000,000 again in 2011. Your accounting department came to you recently and stated that the cash balance is much lower at the end of 2011 than it was in 2010. You calculate your Accounts Receivable and Inventory Turnover for 2011 and noticed that both of these ratios have DROPPED from 2010 to 2011! Describe in a couple paragraphs what has happened to Accounts Receivable and Inventory. Does this help explain why cash is running low in your opinion? What could you suggest to your management team to help improve these 2 ratios and to help increase cash?

Answers

The happenings to the Accounts Receivable and Inventory is that Inventory turnover ratio decline is the cause of the cash flow shortfall.

An increase in average inventory is another sign that less inventory is being turned into sales. Which clarifies the primary cause of the cash balance's fall in 2011.

The suggestion to the management would be that Accounts receivable should be collected more quickly, according to management. The management should try to enhance cash sales.

Analysis of the account receivable and inventory turnover ratio for 2010 and 2011

From 2010 to 2011, the accounts receivable turnover ratio decreased. This suggests that in 2011 the average amount of accounts receivable increased (assuming there were no cash sales or the net credit sales were the same in both years). Simply put, a decrease in the amount of money collected from accounts receivable in 2011 caused a decrease in the cash balance for the year.

Between 2010 and 2011, the inventory turnover ratio had decreased. This showed that from 2010 to 2011, the average inventory grew (assuming the cost of goods was the same in both years). An increase in average inventory is another sign that less inventory is being turned into sales.

Suggestions to the management

The management should take the following actions to raise the cash balance, boost the inventory turnover ratio, and improve the accounts receivable ratio:

Accounts receivable should be collected more quickly, according to management. The management should try to enhance cash sales.Only when necessary, the management should make purchases or manufacture products, and if necessary, reduce buffer stock.

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Which of the following is NOT one of the three big categories for periodic evaluations:

A. Hazard Analysis
B. Safety and Health Inspections
C. PPE Evaluation
D. Change Analysis

Answers

The category that does not belong to the periodic evaluation is Change Analysis.

Option D is the correct answer.

What is a periodic evaluation?

Periodic evaluation is a technique that is totally developmental in nature and disregards the formal advice relating to tenure, retention, or promotion of employees.

Periodic evaluation has three broad categories namely, hazard analysis, safety, and health-related inspections, and evaluation relating to personal protective equipment (PPE).

Therefore, out of the provided options, Change analysis is not considered a category for periodic evaluation.

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Answer: change analysis

Explanation:

Can some one paste the lyrics for never gonna give you up here

Answers

Answer: it says the words are innapropriate

understanding in the Key Elements of the ATIGA

Answers

Based on the goals and objectives of the ATIGA the key elements of ATIGA is to ensure that there is free flow of goods in the region resulting to fewer trade barriers and deeper economic linkages among Member States.

What is ATIGA?

ATIGA is an acronym for the ASEAN Trade in Goods Agreement. The purpose of ATIGA is to ensure there are good economic relations among the member states.

Generally, the aim and objectives are to ensure there are no barriers to economic relations among the member states.

Key Elements of ATIGA are the following:tariff liberalization, removal of non-tariff barriers, rules of origin, trade facilitation, customs, standards and conformance, and sanitary and photo sanitary measures.

Hence, in this case, it is concluded that the ATIGA key elements are for the betterment of the member states.

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How does context influence your communication? Consider the language and culture people grew up with, and the role these play in communication styles?

Answers

Daily communication is highly influenced by the context in which it develops due to the cultural aspects of society.

What is communication?

Communication is a process by which an individual or group transmits a message to one or more recipients. Human communication is a complex process influenced by different factors such as:

The cultural context.The thought of the sender.The receiver's interpretation.

The cultural context plays a fundamental role in communication because some concepts or expressions have different senses or meanings in different societies.

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Ngành quản trị kinh doanh chỉ cần thiết cho lĩnh vực kinh doanh

Answers

Answer:

No

Explanation:

It applies in almost all working environment that you may think of.

Job Search Challenge Card #1 Logic Puzzle

Answers

#1 CHALLENGE puzzled card

what is capital marketing?

Answers

Definition: Capital market is a market where buyers and sellers engage in trade of financial securities like bonds, stocks, etc. The buying/selling is undertaken by participants such as individuals and institutions. ... Generally, this market trades mostly in long-term securities.

I hope this helps pls mark as brainest answer if it is
Definition: Capital market is a market where buyers and sellers engage in trade of financial securities like bonds, stocks, etc. The buying/selling is undertaken by participants such as individuals and institutions. ... Generally, this market trades mostly in long-term securities.
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The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall issue, but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized.a. Trueb. False Pyrolysis is the_________the volume of water in woodthe spread of the fire uphillthe vaporization of woodthe ability of the fire to jump roadsthe movement of fire from wilderness to homes Which of these is a theme found in The Outsiders by S.E. Hinton?Gentle souls are often disguised by rough exteriors.Rich kids and poor kids will never get along.Walking home alone will only lead to trouble.Watching a movie with someone can be uncomfortable. Which of the following is a function of a carbohydrate What is the noun clause in this sentence? I didnt realize that my friend and I had been talking for so long QUESTION-You plan to deposit an additional $2000 at the end of each quarter into a 401k account until you retire. The 401k account also pays 5.5% per year compounded quarterly.1.How much money will be in the 401k account when you retire in 20 years? Estimate to the nearest whole number.2.A college fund is established in which $100 is deposited at the end of every month at4% per year compounded monthly. If the account started when you were five years old, how much will be in the account when you turn 18? Estimate to the nearest whole number.20 POINTS! hey can yall help me pleasee answer asap Felicia ran a 4-mile race in 28 minutes. Complete the table to represent Felicias average rate of speed during the race. Name the slope and y-intercept in the inequality y 5x - 20a. slope = -20 ; y intercept = 5b. slope = 5x ; y intercept = -20c. slope = 5 ; y intercept = -20d. slope = -20 ; y intercept = 5x Exercise 1 Add commas where necessary. Delete unnecessary commas. Some sentences may be correct.Richard and Sarahs address until September is 1892 Sunshine Drive Arlington Heights Illinois 60005. The region of the world that was likely occupied last by early humans wasSouth America.C. Southern Asiab. North America.d. Northern Asia. What is the contribution of hertz in electromagnetic spectrum Write an inequality for Five dollars less than two times Chris' pay is at most$124 Throwing a dart, feeling your arm extend, seeing the dart fly through the air, and hearing it make contact with the board as it hits the bulls-eye is an example of:________ which of the following terms can be defined as participation in only one romantic relationship at a time and avoidance of romantic or sexual involvement with others outside of that relationship? a. pseudomyostatic b. arthrogenic c. periarticular d. fibrotic The graph of the quadratic function x24x5=0 crosses the x-axis at x=1 and x=5. What are the zeros of this function? For a triangle ABC, which of the following is true ?A BC^2 - AB^2 = AC^2B AB AC = BCC (AB AC) > BCD (AB AC) < BC determine the average rate of change in concentration of b from t=0 s to t=282 s.