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KonstantinChe [14]
4 years ago
9

The number of days' sales in receivables a.is an estimate of the length of time the receivables have been outstanding. b.is not

used. c.measures the number of times the receivables turn over each year. d.is Average Receivables / Sales.
Business
1 answer:
Nostrana [21]4 years ago
6 0

Answer:

a.is an estimate of the length of time the receivables have been outstanding.

Explanation:

The average collection period can be calculated as follows: 365 days in a year divided by the accounts receivable turnover ratio.

Days sales uncollected = Average Account receivable/Net sales*365

A short collection period means prompt collection and better management of receivables. A longer collection period may negatively affect the short-term debt paying ability of the business in the eyes of management.

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Our newly constructed retail space is projected to need a face lift in 7 years to keep up with changing tastes. Our projections
Rudiy27

Answer:

Annual deposit = $326,265.88  

Explanation:

<em>The amount to be set aside annually to accumulate $2.5 million in 7 years time ca n be worked out using the future value of an ordinary annuity formula.</em>

The formula is given as follows:

FV = A×( (1+r)^n - 1)/r).

A= FV/ ((1+r)^n - 1)/r

FV - Future value

A- annual deposit

n- number of years

r- rate of return

FV - $2.5 million

A- ?

n- 7

A=2,500,000 ÷ (1.03^7 - 1)/0.03 =  326,265.88  

Annual deposit = $326,265.88  

4 0
3 years ago
ABC Inc needs to raise $111 million to expand operations. The CFO plans to sell 15-year zero-coupon bonds to fund the project. B
oee [108]

Answer:

$207.06 million

Explanation:

First and foremost, it should be borne in mind that the price of a zero-coupon bond is the present value of its face value since the bond does not pay any coupons over its tenor as shown thus:

PV of bonds=FV/(1+i)^n

PV of bonds=amount required=$111 million

FV=face value=the unknown

i=semiannual yield = 4.2%/2=2.1%

n=number of semiannual periods in 15 years=15*2=30

$111=FV/(1+2.1%)^30

FV=$111*(1+2.1%)^30

FV=$207.06 million

7 0
3 years ago
___________ is a technique to analyze and sequence tasks involved in completing a project, to estimate the time needed to comple
svp [43]

Answer:

PERT ( Program Evaluation Review Technique)

Explanation:

PERT stands for Program Evaluation Review Technique. PERT charts are tools used to plan tasks within a project - making it easier to schedule and coordinate team members accomplishing the work.  

PERT is a project management planning tool used to calculate the amount of time it will take to realistically finish a project.

Hence PERT is a technique to analyze and sequence tasks involved in completing a project, to estimate the time needed to complete each task, and to determine the minimum amount of time needed to complete each project

6 0
3 years ago
Read 2 more answers
Who is the leader of Braidy
sineoko [7]

Answer:

The answer should be "President Tom Modrowski?"

Explanation:

Sorry if I am wrong

8 0
3 years ago
Arctic Coolers provides the following information relating to its cooler, Blizzard:Selling Price$60Direct materials35Direct manu
jeka94

Answer:

B. $15

Explanation:

Selling Price$60

Total Variable cost = Direct materials+Direct manufacturing labor+Variable manufacturing overhead

Total Variable cost = 35+10+4

Total Variable cost = 45

Throughput Margin = Sales price - Total Variable cost

Throughput Margin = 60-45

Throughput Margin = $15

3 0
3 years ago
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