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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:-

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When the cost method is used to account for a stock investment the carrying value of the investment is affected by
Goshia [24]

Answer: b. neither the earnings nor the dividends of the investee.

Explanation:

When the cost method is used to account for a stock investment, it means that in the books, the stock is to be recorded at the price it was purchased for.

This means that even if earnings and dividends accrue on the stock, it is not to change in value but should stay being recorded at the price it cost to acquire.

3 0
2 years ago
Kylie has been practicing repeating phrases such as, "I know I don’t wear the latest fashions, but I am comfortable. Surely othe
Alex787 [66]

Answer: Self-affirmations

Explanation:

Here, in this particular case Kylie has been using affirmations that act as the positive statements in order to help her overthrow the self-hindering, sabotaging ,disrupting negative thoughts and ideas. For an individual to use these affirmations, they should first examine the thoughts and attitudes that they would like to change.

7 0
3 years ago
Are the statements true, false, or uncertain arguments? An export tax always reduces the exporter's net revenues. It is highly e
Musya8 [376]

1. The statement is true

Export taxes are paid by the exporters. These taxes include customs and     shipment changes a as a as well.

2. The statement is uncertain

We cannot make out which industry will use technological spril overs and which industry will not use it.

3. The statement is false  

Child employment is in non-tradeable sector for most of the poor countries.

4. The statement is true

low GDP per capita mean the country does not have enough output per person. It is not able invest in the human capital of the Country. Each of facilities like education, hospitality is another result of low GDP per capita and thus, eventually. Low GDP per capita lead to child labor because these children and their parents does not have money & basic facilities and that is why choose this option.

Non-tradable sectors are composed of production, distributive alternate, repairs, shipping, accommodation, meals services sports (GHI), actual property activities (L), enterprise offerings (MN), and public administration (OPQ). All sorts of tradable sectors can create productivity increase

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8 0
11 months ago
A in the expected future exchange rate ______ the demand for u.s. dollars. in the u.s. demand for imports _______ the demand for
KIM [24]

A in the expected future exchange rate increases the demand for u.s. dollars. in the u.s. demand for imports does not change the demand for u.s. dollars.

In economics, demand is the number of goods that consumers are willing to purchase at various prices in a particular location and during a particular period of time. [1] The relationship between price and quantity demanded is also called the demand curve. Demand for a particular item is a function of perceived need, price, perceived quality, convenience, available alternatives, disposable income, buyer preferences, and many other options.

Demand refers to the consumer's willingness to buy and pay for goods and services without hesitation. Simply put, demand is the number of items that customers are willing to purchase at various prices over a period of time.

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8 0
1 year ago
Prior to adjustment at August 31, Salaries Expense has a debit balance of $272,650. Salaries owed but not paid as of the same da
zlopas [31]

Answer:

A. Dr Salary Expense $3,140

Cr Salary expense outstanding $3,140

B. Dr Income summary $275,790

Cr Salary expense $275,790

Explanation:

A. Preparation of the adjusting entry to record accrued salaries as of August 31

August 31

Dr Salary Expense $3,140

Cr Salary expense outstanding $3,140

(To record accrued salaries)

B. Preparation of the Closing entry on August 31

August 31

Dr Income summary $275,790

Cr Salary expense $275,790

($272,650+$3,140)

(To record Closing entry)

5 0
2 years ago
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