Answer:
10 times
Explanation:
The financial statement of Tyler company reports a net sales of $300,000
The account receivables at the beginning of the year is $50,000
The account receivables at the end of the year is $10,000
Therefore, the accounts receivable turnover for Tyler company can be calculated as follows
= net sales/average net account receivables
= $300,000/($50,000+$10,000/2)
= $300,000/($60,000/2)
= $300,000/$30,000
= 10 times
Hence the accounts receivable turnover for Tyler company is 10 times
Answer:
A. the rental incomw darnell could receive if he choose to rent out his showroom
- Owner, Andy Pforzheimer, talks about technical skills to his employees. In the meeting, they are looking at the chef's food costs. Andy is performing the controlling function of management.
- The Correct Option is - To check monthly sales figures and compare them to the restaurant's goals.
- The Correct Option is - Contingency perspective. According to the contingency approach, which is a school of management thought, the most effective method of leadership changes from scenario to situation, and dogmatic adherence to any one method is counterproductive.
This is further explained below.
<h3>What is
Communication?</h3>
Generally, "Apparent response to the unpleasant barriers between self and other, private and public, inner thinking and the outward world is communication," writes the author.
In conclusion, Andy Pforzheimer, the owner, addresses his staff on the need for technical proficiency. The meeting participants are analyzing the chef's food budget. As a manager, Andy is exercising control.
The best answer is to examine sales data monthly and evaluate it against targets set by the restaurant.
Correct Response: an emphasis on potential outcomes. The most successful leadership style, according to the contingency approach (a school of management philosophy), varies from context to scenario, and blind adherence to any one style is detrimental.
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The Complete Question is attached below
Answer:
S/n General journal Debit Credit
a Investment in Sanz County bonds $120,000
Interest $800
(120,000*6%*40/360)
Cash $120,800
(The purchase of the bonds on May 11 plus 40 days of accrued
interest; assume a 360-day year.)
b. Cash $3,600
Interest receivable $800
Interest revenue $2,800
(Semiannual interest on October 1)
c. Cash(150* (99%*30,000) - $100) $29,750
Loss on sale of investments $400
Investment in Sanz County bonds $30,000
Interest revenue $150
(Sale of the bonds on October 31)
d. Interest receivables $1,365
Interest revenue $1,365
(Adjusting entry for accrued interest of $1,365 on
December 31, Year 1.)
Answer:
Effect on income= $6,450 increase
Explanation:
Giving the following information:
Contribution margin= $75
The marketing manager believes that a $7,800 increase in the monthly advertising budget would result in a 190 unit increase in monthly sales.
T<u>o calculate the effect on income, we need to use the following formula:</u>
Effect on income= increase in contribution margin - increase in fixed costs
Effect on income= 190*75 - 7,800
Effect on income= $6,450 increase