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gayaneshka [121]
3 years ago
8

The number of days' sales in receivables is determined by dividing a.average accounts receivable by average daily sales. b.avera

ge accounts receivable by sales. c.the number of days in a year by accounts receivable. d.None of these choices are correct.
Business
1 answer:
klasskru [66]3 years ago
8 0

Answer:

d.

Explanation:

Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.

‘Ratio Analysis’ is used to analyze the performance of a company. It is used to analyze the liquidity, profitability, solvency and operational efficiency of the company.

Accounts receivable turnover is the ratio of net credit sales to average accounts receivable.  It can be calculated as:

Average accounts receivable = \frac{Beginning accounts receivable + Ending accounts receivable}{2}

Accounts turnover ratio = \frac{Net credit sales}{Average accounts receivable}

No. of days of sales in receivables can be derived using the below mentioned formula:

No. of days of sales in receivables = \frac{Number of days in a year}{Accounts turnover ratio}

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Rhonda's per-share basis in the stock when it was sold was <u>$80 per share</u>.

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Rhonda's per-share basis in the stock sold refers to her cost tax basis.   The tax basis of an asset is the amount of capital investment when computing for tax purposes.

The purchase or cost tax basis may be higher or less than the sale tax basis.

When the purchase tax basis is higher than the sale tax basis, it gives rise to a capital loss and vice versa.

Thus, Rhonda's per-share basis in the stock when it was sold was not $60 or $102 but <u>$80 per share</u>.

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2 years ago
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Svetllana [295]
The correct answer is <span>a.if buyers have the ability and desire to buy the clothes

This example has a lot to do with the market demand and production ideas. If the people can't buy it then the product won't succeed. If they won't buy it then it won't succeed either. So you need both the desire and the ability on the side of the buyer. </span>
5 0
4 years ago
What 1 20 in a decimal​
Katena32 [7]
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5 0
3 years ago
Which of the following statements best describes the optimal capital structure? The optimal capitalstructure is the mix of debt,
saveliy_v [14]

Answer:

The correct answer is a) stock price.

Explanation:

The optimal capital structure is the mix of debt, equity, and preferred stock that maximizes the company's stock price. Debt financing supposes a low cost of capital, debt financing raises the risk to shareholders. In conclusion, the enterprise should find an equilibrium point to avoid a crisis.

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ivanzaharov [21]

Answer:

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4 years ago
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