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blagie [28]
3 years ago
15

Keswick Supply Company wants to set up a division that provides copy and fax services to businesses. Customers will be given 20

days to pay for such services. The annual revenue of the division is estimated to be $25,000. Assuming that the customers take the full 20 days to pay, what is the incremental cash flow associated with accounts receivable?
Business
1 answer:
Softa [21]3 years ago
3 0

Answer:

Incremental cash flow= $1,369.863~ $1,370

Explanation:

In accrual accounting, accounts receivable gives a measure of revenue that a business has earned.

Given the annual revenue as $25,000. To get the daily revenue

Daily revenue= Annual revenue/ 365

Daily revenue= 25,000/365

Daily revenue= $68.493

Customers are expected to pay within 20 days, so for every 20 days

Incremental cash flow= 20 days* 68.493

Incremental cash flow= $1,369.863~ $1,370

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Exxon's response to the 1989 Valdez tanker oil spill in Alaska is an excellent example of a company using thoughtful crisis mana
PilotLPTM [1.2K]

Answer:

Exxon's response worsened its public standing.

Explanation:

Crisis management is the application of game plan to help an organization deal with a sudden and significant negative event.

The Exxon's response is a perfect example of how company should apply thoughtful response in crisis management because Exxon corporation failed to follow several well-established procedures thereby damaged its public standing, failed to seize control of developments after the spill and sending lower-ranking executive to address the situation instead of the chairman going there himself to take control of  the situation in a possible way.

The action taken by Exxon led to the impression that the company disregard pollution problem by not involving top management.

6 0
3 years ago
Atlas Hardware buys power tools with a list price of $25,500. If the supplier offers trade discounts of 10/20/5, find the trade
ladessa [460]

Answer:

$8058

Explanation:

10/20/5 stands for a series of discount rates applicable on the list price. It means on total amount, 10% discount is allowed, then post deduction of this 10%, a further 20% on the balance is allowed and then a further 5% is allowed on the balance.

In the given case, single equivalent discount would be calculated as follows,

$25,500 × 10% = $2550

Then, ($25,500 - 2550) × 20%= $4590

Then, ($25,500 - 2550 - 4590) × 5% = $918

Single equivalent discount amount = $2550 + 4590 + 918 = $8058

4 0
3 years ago
A(n) _____ strategy identifies the set of businesses, markets, or industries in which the organization competes and the distribu
Ksju [112]
I think the correct answer from the choices listed above is the last option. A corporate strategy identifies the set of businesses, markets, or industries in which the organization competes and the distribution of resources amongthose businesses. Hope this answers the question.
7 0
3 years ago
The sata/600 standard is also known by what other name?
jolli1 [7]
The SATA/600 standard is also know as SATAIII or <span>SATA 6Gb/s</span><span>.

SATA (Serial Advanced Technological Attachment) is a standard that is developed to connect any optical drivers or storage devices to the computer.

SATAIII is the third generation of SATA and can run at 6GB/s.</span>
6 0
3 years ago
The Overstock-Grant Thornton dispute was publicly aired via disclosure statements filed with the SEC. What impact do you believe
Tresset [83]

Answer:

In light of research of Overstock's money related accomplishment, clearly these exposures influenced Overstock's trading cost. Theorists and customers of the spending reports despite everything have restrictive necessities that the self-governing reviewers ensure that financial reports are truly addressed. This has influenced audit and the board obligations and puts more weight on associates and authorities to appropriately address their financial rundowns. I think Grant Thornton acted inappropriately in light of their clashing use of the $785,000 A/R/Gain Contingency. Grant Thornton didn't from the outset prescribe making an altering section in this way Overstock gave their 10-k with the $785000 as expansion plausibility.

6 0
3 years ago
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