daily sales are $20‚000. What is the level of its accounts receivable? Assume there are 365 days in a year. Formula for DSO = Receivables/ Ave sales per day = Receivables/( Annual sales/365) = 20 days x $20‚000= $400‚000 Solution: AR = $400‚000 3-2 Debt Ratio Vigo Vacations has an equity multiplier of 2.5. The company’s assets are financed with some combination of long-term debt and common equity. What is the company’s debt ratio? Formula for Debt ratio = Debt Ratio + Equity Ratio = 1 Equity
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This pack of HIS 204 Week 3 Discussion Question 2 contains: On December 7‚ 1941 Japan launched a surprise attack on the United States at Pearl Harbor in Hawaii. This thrust America into World War II‚ and for the next four years it dominated nearly every aspect of American life. Select one of the following main issues History - General History ASHFORD HIS 204 American History Since 1865 When you are creating your schedule of classes‚ try not to pack too many classes into one
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E9-1 The following expenditures relating to plant assets were made by Spaulding Company during the first 2 months of 2011. 1. Paid $5‚000 of accrued taxes at time plant site was acquired. 2. Paid $200 insurance to cover possible accident loss on new factory machinery while the machinery was in transit. 3. Paid $850 sales taxes on new delivery truck. 4. Paid $17‚500 for parking lots and driveways on new plant site. 5. Paid $250 to have company name and advertising slogan painted on new
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ECO550 July 20‚ 2013 Forecasting 2 1. Use Excel or other calculation software to input the data to calculate an estimated regression. Then‚ from the calculation provided‚ interpret the coefficient of determination‚ indicating how it will influence your decision to open the pizza
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people in this country live in poverty is ridiculous. Look at Bill Cosby. He’s a millionaire. And so are Denzel Washington and Oprah Winfrey.Answer | | | | | Selected Answer: | Composition | Correct Answer: Composition | | | | | Question 2 0 out of 5 points | | | The farmers of our state have asked that we introduce legislation to provide subsidies for soybeans. Unfortunately‚ we will have to turn down their request. If we give subsidies to the soybean farmers‚ then the corn and
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Criminal Justice Notes: Crime What Is Crime? When you hear that a crime has been committed‚ what do you think of? Maybe a robbery or a murder? Crime is defined as “conduct in violation of the criminal laws of a state‚ the federal government‚ or a local jurisdiction‚ for which there is no legally acceptable justification or excuse.” Crimes can involve violence but do not have to do so. Unfortunately‚ crime is not rare in the United States. Three Components of the CJ System Our
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MEMORANDUM Rebecca Garcia CMGT/410 September 16‚ 2013 Instructor: NANCY CARPENTER MEMORANDUM TO: Advanced Healthcare for Women FROM: Rebecca Garcia DATE: September 16‚ 2013 SUBJECT: EMR Transfer ESTABLISHING AN OFFSIRE 2-DAY TRAINING SESSION OBJECTIVES: The reason for this 2 day training session is to help staff and new employees on how to use the new technology update flow smoothly. Every employee will have the one on one time to train with highly trained professionals and learn how to use this
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D2ACC100 FINANCIAL ACCOUNTING MID SEMESTER EXAM REVISION COMPILATION D2 ACC 100 D2 ACC 100 ACKNOWLEDGEMENT: * Extracted from Past Year Mid Term Exam Paper: D2ACC100 – SEM 1‚ 2006 – SEM 3‚ 2007 * Original idea belongs to Mr Gooi Chee San * Some of the questions have been modified to cater the needs of current student Sem 3‚ 2007 Question 3 Cabao is a financial consultancy firm. It updates its accounts everyday. Indicate the immediate effect of the following errors
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Exercises and Problems –W2 E9-1 The following expenditures relating to plant assets were made by Spaulding Company during the first 2 months of 2011. 1. Paid $5‚000 of accrued taxes at time plant site was acquired. 2. Paid $200 insurance to cover possible accident loss on new factory machinery while the machinery was in transit. 3. Paid $850 sales taxes on new delivery truck. 4. Paid $17‚500 for parking lots and driveways on new plant site. 5. Paid $250 to have company name and advertising slogan
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relating to industry‚ years of education‚ and gender for each worker. A) Which of the 12 variables are qualitative and which are quantitative? 1) Annual wage in dollars 2) Industry (1 = Manufacturing‚ 2 = Construction‚ 0 = Other) 3) Occupation (1 = Mgmt.‚ 2 = Sales‚ 3 = Clerical‚ 4 = Service‚ 5 = Prof.‚ 0 = Other) 4) Years of education 5) Southern resident (1 = Yes‚ 0 = No) 6) Non-white (1 = Yes‚ 0 = No)
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