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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to the current ratio minus the quick ratio. a. True b. False (15-1) Net working capital F S Answer: b EASY 2. Net working capital is defined as current assets divided by current liabilities. a. True b. False (15-1) Working capital F S Answer: b EASY 3. An increase in any current asset must be accompanied by an equal increase in some current liability. a. True b. False (15-2) Working capital policy F S Answer: a EASY 4. Determining a firm’s optimal investment in working capital and
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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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Question 1 . 0 out of 4.4 points CEO’s of major companies often exhibit: Selected Answer: low openness to experience. . Question 2 . 4.4 out of 4.4 points Brennan Manufacturing monitors the number of customer returns for each product model to attempt to track when the organization is producing a large number of defective products. This is an example of: Selected Answer: feedback control. . Question 3 . 4.4 out of 4.4 points Which of the following is most likely to be used in
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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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This file of ECO 370 Benefits Cost comprises: Convention on Nature Protection and Wild Life Preservation in the Western Hemisphere Business - General Business Learning Team Benefit-Cost Analysis Presentation Research your chosen proposed surface mine. Choose an interest group to whom you will address your presentation. The Learning Team will play the role of a team of environmental analysts reporting on the costs and benefits of this mining proposal to the concerned
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costs $200‚000 today‚ what will be the value in 10 years if inflation is 4% per year? d. If you can earn 9% per year‚ how much will you have to save each year if you want to retire in 40 years with $3 million? (Points : 20) Question 2. 2. (TCO A) Construct a balance sheet for the Smith family from the following information. Be sure the format is correct. (20 points for balance sheet) Are the Smiths solvent or insolvent? Explain. (5 points) Show all work. (25 points total for problem)
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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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selling high in such a way as to place no wealth at risk. 2. SKR is the ISO code for the Swedish Currency‚ the krona. A Swedish band quotes SKR 8/USD Bid and SKR 9/USD Ask. These quotes are in: A. American terms B. Direct terms from a U.S perspective C. Direct terms from a Swedish perspective D. Indirect terms from a Swedish perspective 3. U.S. bank quotes $1.27/€ ask (€ is the Symbol for the euro. Expressed strictly in Rule #2 terms‚ what is U.S bank willing to do at this exchange rate
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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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