Business, 19.05.2020 18:02 arielpraczko1
Which of the following are considered disadvantages of allowing customers to purchase goods on credit?
a. a delay in cash collections
b. unanswered bad debt costs
c. unanswered decreased revenues
d. unanswered increased wage costs to determine if customers are creditworthy
e. unanswered increased wage costs resulting from the collection process
Answers: 3
Business, 22.06.2019 06:30
Selected data for stickβs design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2
Answers: 2
Business, 22.06.2019 07:30
Which of the following best describes why you need to establish goals for your program?
Answers: 3
Business, 22.06.2019 16:00
Analyzing and computing accrued warranty liability and expense waymire company sells a motor that carries a 60-day unconditional warranty against product failure. from prior years' experience, waymire estimates that 2% of units sold each period will require repair at an average cost of $100 per unit. during the current period, waymire sold 69,000 units and repaired 1,000 units. (a) how much warranty expense must waymire report in its current period income statement? (b) what warranty liability related to current period sales will waymire report on its current period-end balance sheet? (hint: remember that some units were repaired in the current period.) (c) what analysis issues must we consider with respect to reported warranty liabilities?
Answers: 1
Business, 22.06.2019 19:30
Do a swot analysis for the business idea you chose in question 2 above. describe at least 2 strengths, 2 weaknesses, 2 opportunities, and 2 threats for that company idea.
Answers: 2
Which of the following are considered disadvantages of allowing customers to purchase goods on credi...
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