Answer:
d. 28.7
Explanation:
Calculation to determine the days to collect during year
Using this formula
Average collection period=Average accounts receivables/Net sales*365
Where,
Average accounts receivables=$66,000+$72,900/2
Average accounts receivables=$69,450
Let plug in the formula
Collection period =$69,450/$882,000*365
Collection period=28.7 days
Therefore the days to collect during year is 28.7days
The Hawthorne studies found that employees in the experimental group WERE MORE PRODUCTIVE THAN OTHER EMPLOYEES AND IT DOES NOT DEPEND UPON THE LEVEL OF LIGHTING.
The Hawthorne studies was conducted by Elton Mayo and his colleagues to determine the level of illumination and its relationship with the productivity.
Answer:
12.381%
Explanation:
For computing HPY and HPR, the formula is same which is given below:
The formula to compute the HPY is shown below
= Dividend income + (Selling price - purchase price) ÷ purchase price
= ($1.20 + $46 per share - $42 per share) ÷ $42 per share
= ($1.20 + $4 per share) ÷ $42 per share)
= $5.20 per share ÷ $42 per share
= 12.381%
