When a merchandising company sells inventory, it will recognize sales revenue for the amount of the sales pric

it takes approximately 73 days for the company to collect its receivables.

To calculate the days sales in receivables, we need to use the following formula:
Days Sales in Receivables = (Average Accounts Receivable) / (Net Credit Sales / 365 days)
First, we need to find the average accounts receivable. We have the beginning net accounts receivable ($23,000) and the ending net accounts receivable ($15,000). To find the average, we add these two values and divide by 2:
Average Accounts Receivable = ($23,000 + $15,000) / 2 = $38,000 / 2 = $19,000
Next, we need to divide the net credit sales ($95,000) by 365 days:
Daily Net Credit Sales = $95,000 / 365 days = $260.27
Now we can use the formula to calculate the days sales in receivables:
Days Sales in Receivables = $19,000 / $260.27 ≈ 73 days

To know more about receivables visit:

brainly.com/question/31218804

#SPJ11

Answer:

Get Funding

Explanation:

Hope this helps :)

Answer:

D

Explanation:

Get Funding

Starting the next task before the first task is complete "slack" or "float"

in project management. Slack refers to the amount of time that a task can be delayed without affecting the overall project timeline. It represents the flexibility or cushion within a project schedule.

When a task has slack, it means that it can start later than planned without delaying the project's completion. This can be useful when there are dependencies between tasks, where one task needs to be completed before another can start. If the first task finishes early, slack allows the next task to start earlier than scheduled, utilizing the available time without affecting the project's critical path.

On the other hand, starting the next task before the first task is complete can also be seen as a "negative lead" or "lag." Negative lead refers to a situation where a task starts before its predecessor is finished, which can result in rework or increased risk if changes need to be made to the incomplete task.

In summary, starting the next task before the first task is complete can provide flexibility and optimize project scheduling when there is slack available. However, it can also introduce risks and potential rework if tasks are not completed as planned.

Learn more about project management.

https://brainly.com/question/31545760

#SPJ11

Complete Question:

Answer:

24 years

Explanation:

Nper = 15.142

PMT = 0

PV = 1

FV = 2

Type = 0

Rate = Rate(Nper, pmt, -pv, fv, type)

Rate = Rate(15.142, 0, -1, 2, 0)

Rate = 4.68%

Rate = 4.68%

PMT = 0

PV = 1

FV = 3

Type = 0

NPER = NPER(rate, pmt, -pc, fv, type)

NPER = NPER(0.04684, 0, -1, 3, 0)

NPER = 24 years

Answer:

Tina Amos is correct.

Explanation:

It is not enough to use the profit margin of a company to determine its financial well-being.  There are other considerations with regard to its liquidity, solvency, profitability, and operating efficiency.  While the profitability measure is considered as foremost in determining financial health, more information on this profit margin is surely needed.  Financial health is not considered in isolation.  A company must also compare its health with other similar companies in its industry.  A trend analysis of past year's profit margin also needs to be performed to ascertain if the profit margin of 10% in 2019 is adequate and comparable.

the value of the deposit multiplier is 10

The deposit multiplier depends on the required reserve.

Deposit multiplier = 1/required reserve ratio = 1/0.1 = 10

The deposit multiplier is the maximum amount of money a bank can create for each unit of money held in reserves. The deposit multiplier is a percentage of the amount of money on deposit at the bank that can be loaned. That percentage is normally determined by the Federal Reserve's reserve requirement.

The deposit multiplier is critical to the stability of an economy's basic money supply. It is a component of the fractional reserve banking system, which is now used by banks in the majority of countries around the world.

The deposit multiplier is the maximum amount of money a bank can create in checkable deposits for each unit of reserve money.

For more information on Deposit Multiplier, visit :

https://brainly.com/question/14279576

#SPJ4

The residual approach to allocate transaction prices to multiple performance obligations in a contract is appropriate when the stand-alone price of one or more of the goods or services is highly variable or uncertain. Therefore, the correct option is option 4.

Acceptance of the patient’s Medicare insurance creates a contract for payment of $60 and a price concession of $40.Therefore, the correct option is option 1.

The residual approach to allocate transaction prices involves first determining the total transaction price and then allocating it among the various performance obligations in the contract based on the relative standalone selling prices of each obligation. This is typically done by using observable prices from comparable transactions or other available information to estimate the standalone selling prices of the goods or services involved. Hence, the correct answer is option 4.

In the case of a patient presenting a Medicare card after an appointment with Dr. Jones, acceptance of the patient's Medicare insurance creates a contract for payment of $60 and a price concession of $40. The total charge for the services was $100, but Medicare will only pay $60 and the patient will pay $20.

This creates an agreement between Dr. Jones and the patient to accept the Medicare payment of $60 as full payment for the services rendered, with the remaining $40 being written off as a price concession. Therefore, the answer is for payment of $60 and a price concession of $40 i.e. option 1.

Learn more about Contract:

https://brainly.com/question/984979

#SPJ11

The invitation should include the date, time, location, the dress code, RSVP deadline, and any other important relevant information such as the theme of the event.

The invitation text will be like this: You are cordially invited to attend the Annual Dining-Out hosted by the JROTC program. The event will take place on [date] at [time] at [location]. Dress code for the evening is formal attire, which includes a dress uniform or civilian formal wear.

Please RSVP by [RSVP deadline] to [contact information]. We look forward to your presence at this event.

Learn more about invitation here:

https://brainly.com/question/21545885

#SPJ1

If the federal reserve wants to weaken the usd against the yen, it would lower interest rates.

Lowering interest rates: By reducing the federal funds rate, the central bank can make U.S. dollars less attractive to foreign investors, which can lead to a decline in the value of the U.S. dollar against other currencies.

Increasing the money supply: By increasing the amount of U.S. dollars in circulation, the central bank can also weaken the value of the U.S. dollar against other currencies.

Engaging in currency intervention: The Federal Reserve can also directly buy and sell foreign currencies in the foreign exchange market in order to affect the exchange rate between the U.S. dollar and other currencies.

To know more about the Federal Reserve, visit:

brainly.com/question/14700070

#SPJ4

Answer: unilateral contract

Explanation:

An unilateral contract is a contact that is formed when an individual offers to do a particular thing in return for either money or something else that was agreed on.

Once such individual does that thing, he or she has to be given what was agreed on in the contract. A typical example is the contact regarding an insurance policy.

Therefore, an offer that can only be accepted by an offere's performance will create a unilateral contact.

Answer:

True

Explanation:

Danielle's journal entry to record this transaction would include a:credit to common stock.

Journal entry is simply the book of original entry.

Assuming the company received the amount of  $2,000,000 from investors and issued them shares of its stock the appropriate  journal entry to record this transaction would include a credit to common stock,

Debit Cash $2,000,000

Credit Common stock $2,000,000

Inconclusion Danielle's journal entry to record this transaction would include a:credit to common stock.

Learn more about journal entry here:https://brainly.com/question/14279491

Answer:

The depreciation expense for 2020 is C. $49,143

Explanations :

Straight line method charges a fixed amount of depreciation for the period of use of an asset.

Depreciation Charge = (Cost - Residual Value) / Estimated useful life

2017

Depreciation Charge = ($530,000 - $14,000) / 7 years

                                   =  $73,714.29

2018

Depreciation Charge = $73,714.29

2019

Depreciation Charge = $73,714.29

2020

The estimated useful life is now estimated at 9 years in total (hence 6 years remaining) and the residual value remain unchanged.

Depreciation Charge = (Cost - Accumulated depreciation to date - Residual Value) / Remaining useful life

                                   = ($530,000 - $73,714.29 - $73,714.29 - $73,714.29 - $14,000) / (9 - 3) years

                                   = $294,857.13 / 6 years

                                   = $49,142.855 or $49,143 (to the nearest​ dollar.)

Conclusion :

The depreciation expense for 2020 is $49,143 (to the nearest​ dollar.)

Answer:

EARPHONES

Explanation:

We are to create a nine letter word. Start from any of the corners while moving in a clockwise direction.

There are four corners in the box:

Top left and bottom right corners have blanks, letter in the top right and bottom left corners are E and H respectively.

Hence, we would have 4 possible nine-letter word combination.

Let's state the possible nine-letter words

From the top left corner: _EEA_PHOS

From the bottom left corner: _PHO_EEAS

From the top right corner: EA_PHO_ES

From the bottom right corner: _PHO_EEAS

From the top right corner, we can form the word: EARPHONES

The missing letters are 'R' and 'N'

Answer:

If a large Number of Lakeview residents are questioned, about 44% of them will be Club fans.

Explanation:

Reporting the probability outcome of a singular observation are usually reported as stated above, that the probability of a random sample of Lakeview resident being a club fan is 0.44%. However from a long run relative frequency approach, it requires just more Than one random sample but a large number of samples being evaluated over time.

Hence to expresa as a long run relative frequency, it could be stated as ; report gathered from many Lakeview residents, about 44% of them are Club fans.

(a) Bank reconciliation for Watsonia Stores at 31 August is prepared to reconcile the bank statement balance with the general ledger balance.

(b) Adjusting entries are made to reflect the bank charges and the reversal entry from P. Macca in the company's records.

(a) Bank Reconciliation for Watsonia Stores at 31 August:

Bank Statement Balance:

Credit Balance: $X

Add:

Reversal Entry: $590

Less:

Bank Charges: $60

Adjusted Bank Statement Balance: $X + $590 - $60 = $Y

General Ledger (Cash at Bank) Balance:

Debit Balance: $Z

Add:

Outstanding EFTs: $1550

Less:

Cheque Payment by P. Macca: $590

Adjusted General Ledger Balance: $Z + $1550 - $590 = $W

Bank Reconciliation Statement:

Adjusted Bank Statement Balance: $Y

Adjusted General Ledger Balance: $W

(b) Adjusting Entries as at 31 August:

1.  Bank Charges Expense Account Debit: $60

   Bank Charges Payable Account Credit: $60

2.  Cash at Bank Account Debit: $590

    Accounts Receivable (P. Macca) Credit: $590

3.  Accounts Receivable (P. Macca) Debit: $590

    Cash at Bank Account Credit: $590

Learn more about Ledger from the given link:

https://brainly.com/question/14853484

#SPJ11

Answer:

Wholesaler is a company that earns money by buying large quantities of goods then selling in bulk to smaller businesses.

Hope this help :)

Answer:

Wholesalers are companies or businesses that buy large quantities of products from other companies, then resell the products in bulk or individually.

Explanation:

Examples; Costco Wholesale & Sam's Club

Answer:

ty

Explanation:

Answer:

It reduces the incentive to work hard and take risks to succeed

Explanation:

The argument against the use of the ability-to-pay principal of taxation is that It reduces the incentive to work hard and make more money and take risks to succeed .

Although Ability to pay principal of taxation believe that a person or an individual tax should depend on what the tax will tend to create to such individual when compared to the wealth of that individual, but many people argue that there should be equity , meaning everybody should pay the same tax rate in such a way that a person or an individual tax rate should not be higher or lesser than another person tax rate.

Answer:

can you help me with my problem

Answer:

distance from the Sun

Explanation:

because of Saturn's tilt, the southern and northern hemispheres are heated differently, causing seasonal temperature variation.

Answer:

if the flotation costs were 2%, the after-tax cost of debt is 5.10%

if the flotation costs were 11%, the after-tax cost of debt is 4.63 %

Explanation:

After-tax cost of debt = Market Interest × ( 1 - tax rate)

Calculation of the Market Interest

Hint : Use the time value of money principles

Pv = -$1,000

Pmt = $1,000 × 8 % = $80

P/yr = 1

N = 20

Fv = $1,000

YTM = ?

Using a financial calculator, the market interest is 8%

After-tax cost of debt = Market Interest × ( 1 - tax rate)

                                   = 0.08 × (1- 0.35)

                                   = 0.052 or 5.20 %

If Flotation cost is 2%

Net Receipts after flotation cost = Cost × ( 1 - flotation rate)

                                                     = 5.20 % × (1-0.02)

                                                     = 5.096 % or 5.10% (two decimal places)

If Flotation cost is 11%

Net Receipts after flotation cost = Cost × ( 1 - flotation rate)

                                                     = 5.20 % × (1-0.11)

                                                     = 4.628 % or 4.63 % (two decimal places)

Business Plan for Student Laundry Company

Define:

a. Mission Statement: To provide convenient and reliable laundry services to fellow students, allowing them to focus on their studies while maintaining a clean and organized living environment.

b. Vision Statement: To become the preferred laundry service provider for students on campus, known for exceptional quality, efficiency, and customer satisfaction.

Analyze:

a. Market Analysis: Conduct market research to understand the demand for laundry services among students, identify competitors, and determine pricing strategies.

b. SWOT Analysis: Evaluate the strengths, weaknesses, opportunities, and threats associated with the business.

Plan:

a. Service Offering: Define the laundry services offered, such as washing, drying, folding, and optional pick-up/delivery.

b. Pricing Strategy: Determine competitive and profitable pricing structures, considering factors like load size, special requirements, and pick-up/delivery charges.

c. Operational Plan: Develop a streamlined process for collecting, washing, and delivering laundry efficiently. Consider factors such as scheduling, storage, and equipment maintenance.

d. Marketing and Promotion: Create a marketing plan to reach potential customers, utilizing both online and offline channels. This may include social media advertising, flyers, partnerships with student organizations, and word-of-mouth referrals.

Execute:

a. Resource Allocation: Determine the necessary resources, including laundry equipment, detergents, transportation, and personnel. Allocate resources effectively to ensure smooth operations.

b. Time Management: Create a schedule to balance laundry tasks with academic commitments. Prioritize efficient time management to avoid compromising academic performance.

c. Quality Control: Implement quality control measures to ensure clean, well-folded laundry and timely delivery. Seek feedback from customers to continually improve service quality.

Evaluate:

a. Financial Analysis: Track income and expenses to evaluate the profitability of the business. Adjust pricing, marketing efforts, and operational processes to optimize financial performance.

b. Customer Feedback: Regularly collect feedback from customers to gauge satisfaction levels and identify areas for improvement.

c. Growth Opportunities: Assess opportunities for expansion, such as partnering with local businesses, offering additional services, or targeting specific student groups.

By following the DAPEE model and focusing on efficient operations, time management, and customer satisfaction, the student laundry company can maximize income while maintaining a strong academic performance.

To know more about Laundry Company click this link -

brainly.com/question/10332103

#SPJ11

Answer:

The correct answer is the option: Compound.

Explanation:

To begin with, the sentences that are compound are understood to be the ones who have at least two or more independent clauses that are joined together by a comma, semicolon or by a conjunction. Therefore that the sentence presented in the text corresponds to a compound sentence due to the fact that you can find two different clauses that are joined together by a comma and a coordinator in this case ("but") and when that happens that coordinator adds also flowness to the sentence.

The statement "first-line managers are the only managers who do not supervise other managers" is false.

While first-line managers primarily supervise non-managerial employees, other levels of managers, such as middle managers and top-level managers, may also have direct reports who are non-managerial employees.

First-line managers, also known as front-line managers, are typically responsible for supervising and overseeing the work of non-managerial employees. They are directly involved in managing the day-to-day operations and often have a hands-on role in coordinating and directing the activities of their team members.

While first-line managers primarily supervise non-managerial employees, it is not accurate to say that they are the only managers who do not supervise other managers. In larger organizations, middle managers and top-level managers may also have direct reports who are non-managerial employees.

However, these managers also have responsibilities that extend beyond supervising non-managerial employees. They may have managerial responsibilities such as strategic planning, decision-making, resource allocation, and coordination with other departments.

While first-line managers are typically associated with directly supervising non-managerial employees, they are not the only managers who do not supervise other managers. The specific managerial responsibilities and reporting structures can vary depending on the level and scope of management within an organization.

To know more about first-line managers, visit :

https://brainly.com/question/30830235
#SPJ11

Answer:

./Table of Contents

./Career and professional development goals, tailored for each ./interviewer

./Work philosophy statement; personal mission statement

./List of areas of expertise

./Works in progress (activities and projects)

./Samples of your best work from academic, employment, and internship settings

./Resume, references, transcripts, letters of recommendation

./Evaluations from work/volunteer experiences, agendas of meetings you conducted

./Certificates, diplomas, licenses, awards, letters of appreciation you received

./Records of community service/volunteer work

./Professional memberships and service activities

./Work reports or excerpts from term papers

./Grants or proposals you wrote

./Newspaper clippings featuring you, media clips of your work, promotional materials you designed

./Photographs of you in a professional setting

./Printouts/links to websites, web pages, or blogs you created

./Certificates of attendance from seminars or workshops

./Documentation of leadership experience

this will help you greatly in the future when it comes to people looking to higher you as it shows your skills/weaknesses

Explanation:

brainliest pls

Answer:

I'm good

Explanation:

but I'm still working on  my house :(