Answer: 2.25 times
Explanation:
The accounts receivable turnover will be calculated by dividing the net credits by the average accounts receivable.
To solve the question, we need to calculate the average accounts receivable. This will be:
= ($357470 + $325300)/2
= $682770/2
= $341385
Account receivable turnover is calculated as:
= Net credit/Average accounts receivable
= $769,346/$341,385
= 2.25 times
Answer:
Susan should use "Auto fill option"
Explanation:
Susan should,
- Enter the title as "Days of the week" in the column as required
- Then start typing "Monday" below the column heading
- Then move the cursor till the end of the cell to pull the handle
- Drag the handle (Auto fill) as required
- Now the days of the week will be filled starting from Monday to Sunday and it goes on repeating.
You can also use the "Auto fill" to fill the "months of the year, dates" and so on.
Answer:
D. Exporting Her Products.
Explanation:
As Mary wants to sell her products in Europe since they're doing well in the United States. She doesn't have a lot of capital and is risk-averse, so she should begin with exporting her products which is the least riskiest and easiest way to enter in foreign market. Exporting is the mechanism by which you sell your products outside your country and generate profits. In this process very less risk is involved and you also need less level of investment as well. Mary can contact some sellers there and send her products to them and receive payment, hence much less risk in involved. With the help of exporting, she can also get the insights about that market's buying patterns as well that which products are in high demand there and can be sold profitably.
Answer:
A. multiplying the standard quantity of direct labor by the standard price of direct labor.
Explanation:
Standard cost of direct labor = Standard quantity*Standard price. Standard cost of direct labor per hour are calculated and compared with the Actual cost of direct labor per hour and multiplied by Actual hours used to calculate direct labor rate variance.
So, option A (multiplying the standard quantity of direct labor by the standard price of direct labor) is correct.