The solution for this problem is get first the total sales, credit sales and receivables turnover.
187,000 / 0.086 = $2,174,418 this is your total sales
2,174,418 x 60% = $1,304,651 is your credit sales
1,304,651 / 126,370 = 10.32 times is the Receivables turnover
365 / 10.32 = 35.37 days is the day's sales in receivables
Financial interest of the stockholders need to be matched with the type of investment strategy that the stockholders choose to diversify their portfolio.
Issue often arise when stockholders hope to exert a certain type of control to the company because they feel entitled to after purchasing the stocks. To address this, i would create a code of conduct that clearly specify the roles that the shareholders can and cannot take after making the purchase.
Answer:
1. Relevance and faithful 2.confirmatory value 3.Comparability 4. fair value 5. material 6. consistency 7. neutrality 8.Full disclosure 9. periodicity 10. Revenue recognition
<span>A. Boost the economy
Expansionary policies increase the money in supply to encourage spending, boost economic growth and counteract inflation.</span>