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Leno4ka [110]
3 years ago
6

g The ____ is the average length of time to convert the firm's receivables into cash. Select one: a. payables deferral period b.

receivables collection period c. cash conversion period d. inventory conversion period
Business
2 answers:
Lina20 [59]3 years ago
7 0

Answer:

b. receivables collection period

Explanation:

The receivables collection period is a financial ratio used to measure how effectively and quickly a company extends credit sales to customers and collects cash from such sales.

It is computed by dividing the average accounts receivable balance by total net credit sales and multiplying result by the number of days in the period.

MAXImum [283]3 years ago
5 0

Answer: D inventory conversion period

Explanation:

Inventory conversion period reports us about the average time to convert our total inventory into sales. It is relationship between total days in year and inventory turnover ratio. In other words, it measures the length of time on average between the acquisition and sale of merchandise.

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Joan is a manager with Steel Works, Inc. Joan would love to beat the budget this year. She believes that revenues for the coming
vredina [299]

The amount of $130,000 in Expenses will be the least likely to be budgeted for while building a budgetary slack.

<h3>What is a budgetary slack?</h3>

This is a special consideration in a budget that seeks to increase the chances of the actual performance being better than the budget.

Joan will likely budget for $110,000 of expenses, $210,000 of revenue and $80,000 of income.

Therefore, the amount of $130,000 in Expenses will be the least likely to be budgeted for

Read more about budgetary slack

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6 0
2 years ago
Rex became a partner with a 30% interest in the partnership profits when he invested $200,000. In 2019, the partnership generate
avanturin [10]

Answer:

The Rex’s gross income from the partnership in 2019 and 2020 is $1,20,000 and $1,80,000 respectively

Explanation:

The computation of the gross income for each year is shown below:

In 2019:

Gross income = Taxable income × percentage of interest in profits

                       = $400,000 × 30%

                       = $1,20,000

In 2020:

Gross income = Taxable income × percentage of interest in profits

                       = $600,000 × 30%

                       = $1,80,000

The withdrawn amount is not consider for computing the gross income. So, we ignored it

8 0
3 years ago
A high marginal propensity to expend will cause the multiplier to be smaller.
lidiya [134]

Answer:

False

Explanation:

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3 years ago
Uma and edward are assigned to partner on a project, but they have never worked together before. uma texts edward, "are you avai
EastWind [94]
<span>In a situation in which Uma </span><span>and Edward are partners on a project, but they have never worked together and Uma </span>texts Edward, "Are you available to meet at four this afternoon?" Edward replies, "yep. cu then." Uma should gently remind Edward to be more formal and better to use e-mails than texting.

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3 years ago
Scott is a 15-year-old student who works at a part-time job and gets paid every two weeks. His paycheck goes directly to his pre
malfutka [58]

Scott was denied the loan because he was not old enough to qualify.

<h3>What is the Payday loan?</h3>

Payday loan is a type of unsecured loan in which high rate of the interest is given to the borrower. It is a kind of the short term loan basically for the two weeks.

According to the above situation, Scott is cannot get the payback loan because he is  minor to sanction a loan. He must have the age of 18 years or above.

Learn more about payday loan here:

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