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Greeley [361]
3 years ago
5

Which of the following statements is correct?

Business
1 answer:
kirza4 [7]3 years ago
6 0

Answer:

D

Explanation:

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Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to t
sukhopar [10]

Answer:

Determination of the following:

1a. Accounts receivable turnover _____ 30.4 x

b. Number of days' sales in receivables _____ 12 days

2a. Inventory turnover _____ 52.1x

b. Number of days' sales in inventory _____ 7 days

Explanation:

a) Data and Calculations:

Company A:

Net sales = $1,200,000

Average accounts receivable (net) = $100,000

Accounts receivable turnover = Net sales/Average accounts receivable

= $100,000/$1,200,000 * 365

= 30.4x

Number of days' sales in receivables = Number of days in the period/Accounts receivable turnover

= 365/30.4 = 12 days

Inventory Turnover = Average inventory /Cost of goods sold * 365

= $90,000/$630,000 * 365

= 52.1x

Number of days' sales in inventory = Number of days in the period/Inventory Turnover

= 365/52.1

= 7 days

7 0
3 years ago
What is usually the first step in the selection process? select one:
Strike441 [17]
The answer is B. Submission of resume.
4 0
3 years ago
Nina Corp. had the following net income (loss) for the first three years of operations, respectively: $7,100, ($1,600), and $3,6
Oliga [24]

Answer:

$ 8.000 is the amount paid in dividends during these three years.

Explanation:

The total sum of Net Income operation during these three years was $9.100, the money that is not keep in retained earnings it's distributed in dividends.

To end the year with a retained earnings of $1.100, the company have been to paid in dividends $8.000.

Please see details below:

Net Incomes: $7.100 + ($1.600) + $3.600 = $ 9.100

Retained Earnings at end of the period  = $ 1.100

Dividends piad by the company = $ 8.000  

6 0
4 years ago
Discounted cash flow methods consider the present value of the cash flows after the recovery of the initial investment.
aalyn [17]

to a valuation method

What is valuation method?

Industry professionals typically utilize one of three basic valuation techniques: DCF analysis, similar company analysis, or precedent transactions when assessing a firm as a going concern. The majority of financial sectors, including investment banking, equity research, private equity, corporate development, mergers and acquisitions (M&A), leveraged buyouts (LBO), and corporate development, utilise these valuation techniques. There are three distinct ways or methodologies one can utilize when appraising a company or asset. The Cost Approach considers the price of repairing or replacing an asset. Real estate with specific uses, new construction, or commercial assets can all be valued effectively using the cost approach method. It is not frequently used by financial experts to value a going-concern company.

Learn more about valuation method with the help of given link:-

brainly.com/question/14045279

#SPJ4

8 0
2 years ago
Investing in yourself and your career often requires you to “play it safe”. Please select the best answer from the choices provi
Klio2033 [76]

I think that investing in yourself and your career requires you to take risks, do new things, and learn new skills.

the answer here is false.

5 0
3 years ago
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