Receivables Turnover Ratio interpretation Receivables Turnover Ratio is one of the efficiency ratios and measures the number of times receivables are collected‚ on average‚ during the fiscal year. Receivables Turnover Ratio formula is: Receivables Turnover Ratio formula Receivables turnover ratio measures company’s efficiency in collecting its sales on credit and collection policies. This ratio takes in consideration ONLY the credit sales. If the cash sales are included‚ the ratio will be
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| Credit Cards | A credit card is the only form of payment card that offers a revolving line of credit in addition to its function as a means of electronic payment. In contrast‚ charge cards as offered by American Express must be paid off monthly. How does a credit card work in practice? Suppose you buy a TV and present a Visa card‚ bearing the logo of the issuer‚ say Citibank‚ in payment. You swipe your card through a card reader‚ which reads the data on the magnetic stripe and adds information
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improve some of the internal controls over its revenue cycle procedures. Existence or Occurrence From Bradmark’s data files on sales invoices‚ cash receipts and list of customers‚ the ACL software was used to compute and determine the Accounts Receivable balances of customers in the books. January 20‚ 2005 United City 920 4 th Street Bridgewater‚ New Jersey 8807 Dear Sir/Madam‚ In connection with an examination of our financial statements by Ross & Specter Co.‚ Certified Public Accountants
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“Registration of Charges” What is meant by a charge? The word ‘charge’ is to used to mean any form of security for debt‚ unless the word is used otherwise. A company having power to borrow money is empowered also to charge its assets‚ subject however to any limitations in its Memorandum or Articles. Under Companies Act‚1956(S.124)‚ the expression ‘charge’ includes ‘Mortgage’. What is meant by a fixed and a floating charge? A ‘fixed charge’ is also called a ‘specific charge’. It extends over
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Charge Nurses - Are they adequately trained? Melissa Bogle Nursing Research 4003 November 15‚ 2012 Abstract Charge Nurses have a very difficult and demanding job. This is true for anyone‚ especially for a new graduate. It’s scary enough just to be a new nurse but assuming a charge nurse position is terrifying. Do you have the skills or knowledge it takes to be in charge? The charge nurse role is not often discussed while in nursing school. Leadership qualities are the key to making a great
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Charge Syndrome Introduction Charge Syndrome is a specific collection of non-randomly occurring congenital anomalies. The acronym CHARGE actually stands for the major features of this syndrome. The letter C stands for coloboma of the eye‚ H is heart defects‚ A stands for atresia of the choanae‚ R is retarded growth and development‚ G stands for genital abnormalities and lastly letter E stands for ear anomalies and/deafness. The cause of this syndrome may be genetically heterogeneous‚ but
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Case 8 Airborne Express: The Underdog 1. What generic strategy is Airborne Express pursuing? Justify. Is this a sound strategy in the context of the air express industry? Why or why not? Entrance barriers (high): it is hard to entry this industry‚ the top three carriers already dominate 86% of the industry. And it need a large scale of capital to entry this industry. For instance‚ with the development of business‚ global express demand increases. Airborne Express international strategy can
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The NCO Creed and NCO Charge were made so an NCO would have a precise understanding of his responsibilities in the United States Army. I neglected those responsibilities and disrespected the backbone of the United States Army. Below is my understanding of how the NCO Creed and NCO Charge apply to this situation. No one is more professional than I. I am a Noncommissioned Officer; a leader of people. I am proud of the Noncommissioned Officer corps and will‚ at all times‚ conduct myself so as to
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Duplicity of charges is an irregularity and not an illegality. Discuss. The answer in this paper will provide the general rule under Section 163 CPC and the exceptions under Section 153(2) CPC. Section 422 CPC will be discussed whether the duplicity of charges is curable i.e. there is no prejudice against the accused or no failure of justice. The test is given in See Yew Poo (1949) will be laid down to discuss the issues of irregularity and illegality. Section 163 CPC states that every distinct
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People Should Be Allowed to Express Their Opinions There are three assiduous things that make people pursue with consecutive efforts during life times: freedom‚ justice and love. The pursuit of Freedom‚ however‚ is something invariably vital to seek. Expression freedom or freedom of speech; therefore‚ deserves more passionate pursuit. As a democratic country‚ freedom of speech is that all citizens are allowed to express their thoughts‚ opinions‚ and attitudes to the everything of their country
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