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Blababa [14]
2 years ago
5

Identify the statement below that describes what the Days' sales uncollected ratio assesses. Multiple choice question. It assess

es the company's ability to pay its debts. It measures how quickly a company can convert its accounts receivables into cash. It is a useful in evaluating the liquidity of inventory. It measures how profitable a company is when it sells it products.
Business
1 answer:
krok68 [10]2 years ago
7 0

The Day's sales uncollected ratio evaluates how quickly a company can convert its accounts receivables into cash.

<h3>What does the Days Sales Uncollected ratio exactly mean and how it is calculated?</h3>

Days Sales Uncollected is the ratio, which is used by the company to measure what number of days the customer will take to pay the credit card balance.

The Days Sales Uncollected  ratio may be calculated through dividing the accounts receivable by net sales and multiplies it by 365.

This ratio is used to count the number of days, the corporation will  acquire to receive the cash for its sale.

Learn more about the Days Sales Uncollected Ratio here:-

brainly.com/question/17203516

#SPJ1

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In which level of linkage does a company’s strategic business planning function exist without any input from the HRM department?
Naddik [55]

Answer:

The correct answer is d) Administrative linkage

Explanation:

Business planning is one of the basic pillars on which the Business Plan is to be sustained: Commercial planning is a part of the strategic planning of the company, which aims to develop action programs to achieve the objectives of Company marketing .

For the objectives to be met, the company must organize all available means and establish the corresponding strategies.

7 0
3 years ago
You want to invest $18,000 and are looking for safe investment options. Your bank is offering you a certificate of deposit that
insens350 [35]

Answer:

The correct solution is "6.09%".

Explanation:

Given:

Nominal rate,

= 6%

or,

= 0.06

As we know,

⇒ EAR = [(1+\frac{APR}{m} )^m]-1

By substituting the values, we get

             =[(1+\frac{0.06}{2} )^2]-1  

             =[(1+0.03 )^2]-1

             =1.0609-1

             =6.09 (%)  

3 0
2 years ago
A company used $35,000 of direct materials, incurred $73,000 in direct labor cost, and had $114,000 in factory overhead costs du
morpeh [17]

We can calculate the cost of goods manufactures using the formula:

Total Cost = Cost of Direct Materials + Direct Labor Cost + Overhead Cost – Inventory

Substituting the known values:

<span>Total Cost = $35,000 + $73,000 + $114,000 – ($32,000 - $28,000)</span>
Total Cost = $218,000      -----> ANSWER

We deduct the initial from the final inventory to get the balance.          

<span> </span>

5 0
2 years ago
Imagine that you are serving as the general manager of a hotel. What three aspects do you think would be most important to the s
Strike441 [17]

Answer:

1. Create and give innovative experience.

2. Brand and reputation operation

3. Improvement in workers general welfare

Explanation:

As a manager in an hotel, I would Improve the facets of the hotel by

1. Create and give innovative experience. As a manager, I would ensure the hotel create and delivers top notch service considering there are competition in the hospitality industry.

2. Brand and reputation operation. When customers receives a world class experience, reputation is being created here. I would then sustain this reputation by making it a brand upon which the hotel will be identified with subsequently.

3. Improvement in workers general welfare. This is very critical to the success of the hotel. Once workers are well paid , it would spur them to work and align with the vision I have for the hotel.

8 0
2 years ago
On January 10, Chen Co. issued an $80,000, 6%, 90-day note payable to Rao Co. Using a 360-day year, what is the total interest e
Yanka [14]

Answer:

d. $1,200

Explanation:

The computation of the interest expense is shown below:

= Principal × rate of interest × number of days ÷ (total number of days in a year)

= $80,000× 6% × (90 days ÷ 360 days)

= $1,200

We simply apply the simple interest formula

Since the number of days and the total number of days are given so we considered the same for the computation part.

4 0
3 years ago
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