Double West Suppliers (DWS) reported sales for the year of $390,000, all on credit. The average gross profit percentage was 30 percent on sales. Account balances follow: Beginning Ending Accounts receivable (net) $ 53,000 $ 63,000 Inventory 68,000 48,000 Required: Compute the following turnover ratios. By dividing 365 by your ratios from requirement 1, calculate the average days to collect receivables and the average days to sell inventory.

The chart shows a production possibilities schedule for sabrina’s soccer. combination: soccer balls: soccer nets: a 10 0 b 8 1 c 6 2 d 4 3 e 2 4 f 0 5 which statement correctly explains the chart? a. the opportunity cost of producing one soccer net is eight soccer balls. b. the opportunity cost of producing two soccer nets is two soccer balls. c. the opportunity cost of producing two soccer balls is one soccer net. d. the opportunity cost of producing four soccer balls is three soccer nets.

Which of the following best describes the advantage of living in a suburban area? a. suburbs give people access to city jobs along with more living space. b. suburbs give people easy access to cultural attractions and high-paying jobs. c. suburbs have the widest availability of low-cost housing of any living area. d. suburbs have the lowest population density of any living area.

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