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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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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INSTRUCTIONS: 1) All questions are compulsory. 2) The questions paper consists of 30 questions divided into four sections A‚ B‚ C and D. Section A contains 8 questions of 1 mark each‚ Section B contains 6 questions of 2 marks each‚ Section C contains 10 questions of 3 marks each and Section D contains 10 questions of 4 marks each. 3) There is no overall choice. However an internal choice has been provided in 1 question of 2 marks‚ three questions of 3 marks‚ and 2 questions of 4 marks each. 4) In questions
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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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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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Kindergarten Math Observations Mrs. Miller‚ Antelope Elementary‚ Kindergarten Observed: Wednesday (9:00am-10:30am) 3/27/13 Classroom rotation- children went from one room to the next for separate subjects‚ also each group of kids had been evaluated and put into advanced‚ moderate‚ and standard levels. This was also known as 3rd level‚ 2nd level‚ and 1st level kids. Advanced Group- 3rd level kids Classroom was set up into three separate group tables. Kids would move from work table to work
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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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Journal Week 16 I think reflection in this course has been the one component that sets it apart from any other math class I have taken. Even Math 105 last semester had a lot of reflection and the reflection aspect of both classes was incredibly helpful. I have never actually thought about math before. Usually I am just taught they formulas and how to use them. It was rare that a teacher really showed me why a formula worked. In this class‚ I was challenged to really think about what I was learning
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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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