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Maksim231197 [3]
1 year ago
9

A recent annual report for FedEx contained the following data:

Business
1 answer:
Maru [420]1 year ago
7 0

FedEx

Accounts Receivable Turnover

Numerator Net Credit Sales = 35,687 = 9.02 times

Denominator Average Accounts Receivable (4415+ 3495)/2

Average Daily Accounts Receivable Turnover

Numerator Days in 4 Years = 0.365 4 4 = 46 debt turnover ratio of 9.02

Credit is generally defined as an agreement between a lender and a borrower. Credit also refers to the creditworthiness or credit history of an individual or entity. In accounting, loans can reduce assets or increase liabilities, and can reduce expenses or increase income.

In personal banking or financial accounting, a credit is an entry indicating that money has been received. Normally, a checking account register has the balance (deposits) on the right and the debits (money spent) on the left. In a loan, all the requested amount is given at once at the time of lending, whereas in a loan, the bank uses the full amount of the loan to give the customer an amount that can be used as needed.

Learn more about Credit here brainly.com/question/26867415

#SPJ4

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When Alfred Weber published his book Theory of the Location of Industries (1909), what did he select as the critical determinant
ELEN [110]

Answer:

Transportation costs.

Explanation:

Alfred Weber lamented in his theory that the industries would set up where the least cost of transportation of raw material and finished goods would incur.

  • He determined transportation costs on the basis of the difference of weight of raw material coming in and final product going out. And the proximity to the source of raw material.

4 0
2 years ago
Levelor Company's flexible budget shows $10,710 of overhead at 75% of capacity, which was the operating level achieved during Ma
Salsk061 [2.6K]

Answer:

The correct answer is $473 (Unfavorable).

Explanation:

According to the scenario, the given data are as follows:

Actual overhead = $11,183

Budgeted Overhead = $10,710

So, we can calculate the controllable variance by using following formula:

Controllable variance  = Actual overhead - Budgeted overhead

By putting the value, we get

Controllable variance  = $11,183 - $10,710

= $473 ( Positive shows unfavorable)

= $473 (unfavorable)

3 0
3 years ago
Dannon Co. reported its expenses of $35,200 on the cash basis. Corporate records revealed the following information: Beginning p
Elena-2011 [213]

Answer:

Explanation:

The computation of expense amount is shown below:

=  Expenses - adjusted prepaid expense + adjusted accrued expense

= $35,200 - $500 -  $450

=  $34,250

The adjusted prepaid expense is computed by

= Ending balance of prepaid expense - beginning balance of prepaid expense

= $1,800 - $1,300

= $500

And, the The adjusted accrued expense is computed by

= Ending balance of accrued expense - beginning balance of accrued expense

= $1,200 - $1,650

= -$450

8 0
3 years ago
Carl wants to add a new slide to his PowerPoint presentation. Which option should he use?
Orlov [11]

The question is incomplete:

Carl wants to add a new slide to his PowerPoint presentation. Which option should he use?

A) On the Insert tab, click the Insert New command.

B) On the Insert tab, click the Add New command.

C) On the Home tab, click the New Slide command.

D) On the Home tab, click the Arrange command.

Answer:

C) On the Home tab, click the New Slide command.

Explanation:

PowerPoint is Microsoft software that is used to prepare presentations. If you want to add a new slide that is a page of the presentation, you can go to the home tab that is the default tab that appears on the top of the program and choose the option new slide. According to that, the answer is: on the Home tab, click the New Slide command.

The other options are not right because there is no insert new or add new command on the Insert tab and the arrange command is used for organizing the objects.

6 0
3 years ago
Assume that a consumer purchases a combination of products Y and Z and that the MUy/Py = 30/2 and MUz/Pz = 45/3. To maximize uti
IrinaVladis [17]

Answer:

Make no change in Y and Z.

Explanation:

It was assumed that consumer purchases the combination of two goods, Y and Z.

\frac{MU_{Y} }{P_{Y}}= \frac{30}{2} = 15

\frac{MU_{Z}}{P_{Z}}=\frac{45}{3}=15

For maximizing the utility of the consumer, the ratio of marginal utilities must be equal to the price ratio of the products.

We can see that the ratio of marginal utilities is equal to the price ratio of the products. Hence, the consumer should not make any changes to the combination of products.

7 0
3 years ago
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