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ohaa [14]
3 years ago
8

e-Shop, Inc. has net sales on account of​ $1,500,000. The average net accounts receivable are​ $610,000. Calculate the​ days' sa

les in receivables.​ (Round your answer to two decimal​places.)A.897.90 daysB.148.37 daysC.365.00 daysD.2.46 days
Business
1 answer:
mina [271]3 years ago
4 0

Answer:

The​ days' sales in receivables are B.148.37 days

Explanation:

The​ days' sales in receivables is calculated by using following formula:

The number of days' sales in receivables = 365/Accounts receivable turnover

In there:

Accounts receivable turnover = Net Credit Sales /Average Accounts Receivable

E-Shop, Inc. has net sales on account of​ $1,500,000 and average net accounts receivable of​ $610,000.

Accounts receivable turnover = $1,500,000/$610,000 = 2.46 times

The number of days' sales in receivables = 365/2.46 = 148.37 days

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Answer (1)

<em>False</em>

Explanation:

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Answer (2)

<em>True</em>

Explanation:

<em>Different people have different reasons for working</em>, although some just work for the paycheck, others are driven by a sense of purpose among other things. To some people, the work setting provides a sort of belonging and gives them the impression of working in a team, which is what most people actually want.

Answer (3)

<em>2. Belongingness</em>

<em></em>

Explanation:

As stated, some workers just want the setting that provides a sense of belonging and security within a team. <em>This type of workers are not too concerned with the paycheck increase that comes with a promotion if it takes them away from their perceived team.</em>

8 0
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3 years ago
It's clear that the lives of many creative artists are being transformed by digital technology. But competing schools of thought
Advocard [28]

Answer and Explanation:

Artists' lives have been changed by digital technology. This has created different schools of thought such as the "winner take all" theory, which claims that delivering high quality products at low cost will create a world where small differences in talent demand large differences in reward, and the "long tail"  theory, who claims that digital technology is creating a small portion of sellers that the market will adapt to, promoting low-cost products. These two theories are effective in different realities. However, the existence of both proves the change that programming and technology has been showing in entertainment and in the market.

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