you need ideas and concepts 
 
        
             
        
        
        
Answer:
total sales are the internal failure costs is 2%
Explanation:
given data
form to reduce errors =  $15,000
customer complaints = 75,000
Verifying = 30,000
Correcting errors = 60,000
Total = $180,000
sales = $3,000,000
to find out 
total sales are the internal failure costs
solution
we know here that internal failture cost is express as 
internal failture cost  = correcting error in form   ...........1
internal failture cost  =  $60000
and 
internal failture cost as % of total cost is here as
internal failture cost to sale =  .......2
   .......2
internal failture cost to sale = 
internal failture cost to sale = 2%
so total sales are the internal failure costs is 2%
 
        
             
        
        
        
Answer:
C) credit Sales Tax Payable for $21
Explanation:
Based on the information given In the same transaction, they must also CREDIT SALES TAX PAYABLE FOR $21 Calculated as:
First step is to calculate the sales tax element
Sales tax element = $371*6/106 
Sales tax element= $21 
Now let calculate what the Price exclusive of sales tax would be 
Price exclusive of sales tax=$371-$21 
Price exclusive of sales tax= $350 
The correct journal entry should be: 
Dr Cash $371	
Cr Sales revenue $350
($371-$21)
Cr Sales tax payable $21
 
        
             
        
        
        
Answer:
E) 51 days
Explanation:
Calculation of length of the cash cycle after the changes.
As given:
Current cash cycle = 51 days.
Decreases its receivables period by 3 days
Increases its inventory period by 4 days.
Increases its payables period by 1 day.
Hence,
Cash cycle = 51 days - 3 days + 4 days- 1 day
Cash cycle = 51 day
Therefore the cash cycle after the changes will be 51 days