Business, 28.02.2021 16:50 blaizelange4296
Carmen's dress delivery operates a mail-order business that sells clothes designed for frequent travelers. it had sells of $640,000 in December. Because Carmen's dress delivery is in the mail-order business, all sales are made on account. the company expects a 26 percent drop in sales for january, the balance in the accounts receivable account on December 31 was $97,900 and is budgeted to be $72,300 as of january 31.
Required:
Determine the amount of cash Carmen's Dress Delivery expects to collect from accounts receivable during January.
Answers: 2
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Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.
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Zara, a global retail and apparel manufacturer based in spain that has successfully implemented this idea by having a continuous flow of new products that are typically limited in supply. zara has created a system that draws its clientèle into its stores, on average, 17 times per year as compared to 4 times per year for most stores. how is zara using it to gain competitive advantage? what specific technologies are used by zara to maintain this advantage over its competition?
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Carmen's dress delivery operates a mail-order business that sells clothes designed for frequent trav...
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