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Vinil7 [7]
3 years ago
15

"A firm has $400,000 in credit sales and $100,000 in accounts receivable. Compute accounts receivable turnover and average numbe

r of collection days. How do these numbers relate to the terms of 2/10 net/30?"
Business
1 answer:
erastova [34]3 years ago
7 0

Answer:

45 days

Explanation:

Data provided

Credit Sales = $400,000

Accounts receivable turnover ratio = Credit Sales ÷ Average Accounts Receivables

= $400,000 ÷ ($100,000 + 0) ÷ 2

= 8 times

Average number of collection days = 360 ÷ Accounts Receivable turnover ratio

= 360 ÷ 8

= 45 days

Therefore for computing the average number of collection days we simply divide accounts receivable turnover ratio  by 360.

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Match the job role with the job title. (More than three answers)
Dmitry_Shevchenko [17]

Explanation:

Internal Revenue Investigator:

The responsibility of Internal Revenue investigator is that to collect the taxes from people as well from corporation on time so that the Government can deliver service to the people.

Roles:

1.  Review financial records of large businesses and corporations.

2. Review tax documents and returns for errors and inaccuracies

Federal Aid Coordinator:

To help the financial needy and to appreciate the merit student, Federal Aid coordinator will evaluate and find the candidates / students accordingly.

Roles:

1. Evaluate students applications for financial aid

2. Review policies and grant funds to students in need

3. Paralegal:

He/ She is the person who is assisting the lawyer in terms researching about the crime that has happened. In simple term we can call that as investigation.

Roles:

1. Gather evidence and prepare for court

2. Conduct research that is pertinent to a criminal case.

3 0
3 years ago
Sophie is highly concerned about what others think of her. She is extremely careful about freely displaying her feelings and opi
antiseptic1488 [7]

Answer:

The correct answer is letter "C": high on self-monitoring.

Explanation:

American psychologist Mark Snyder proposed the self-monitoring scale to explain how much people measure their behavior and affective demonstrations in front of others. Self-monitoring is the ability individuals have to evaluate their behavior to provide a good impression to others.

Thus, Sophie would score high in a self-monitoring test.

4 0
3 years ago
Pencils and pens _____ descent notes, but a computer and calculator _____ needed to process data.
Alexxx [7]
The answers are ....." are " & " is " !!!
5 0
3 years ago
I am trying to understand the Opportunity cost. Can anyone help me please? I can't seem to get Economics, I really need help. Yo
sesenic [268]
<span>Basically "Opportunity cost" is what you're going to lose (or have a potential to lose) if you chose a different action than what you're presented with. In the example, you're working for $15 an hour, but if you decide instead to skip a pratrice to go to the fair you're losing out of the $15 an hour you'll be paid and have to pay $9 to go to the fair. All total, you're opportunity costs for that will be $24 (fifteen you would have made plus the nine dollar fee.) This is also assuming, of course, they don't fire/dock you for just skipping work.</span>
8 0
3 years ago
A volume-cycled ventilator is in the control mode and the I/E ratio alarm is sounding. Which control adjustment would correct th
Mkey [24]

Answer:

Option "D" is the correct answer for the following.

Increase the flow rate.

Explanation:

The quantity the ventilator provides differs with adjustments in airway pressure, lung performance and ventilation system integrity.

  • Volume-cycled ventilators: Air passes to the patient until a fixed volume is supplied to the ventilator system, even if the airway pressure is very high.
  • Inspiratory: Expiratory ratio applies to the inspiratory period scale: time of expiry. ... This offers a 1:2 I: E ratio, which reads "one to two."
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4 0
3 years ago
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