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KonstantinChe [14]
3 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]3 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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nexus9112 [7]
The right answer for the question that is being asked and shown above is that: "TRUE." Production comprises stage management, production management, show control, house management, and company management.
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3 years ago
2. A Canadian confectionary company has Indian distributors for a specific small cake product. The distributor has put in a requ
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Based on the above scenario, Since it is in its growth phase, I believe that the manufacturer should agree to make this changes.

<h3>Why agree to the changes?</h3>

Note that there are regulations on how to  use of the existing food coloring and as such it is vital for the company to see or consider this change.

Note that since it is in its growth phase, the product is widely accepted and there are lot of holiday sales.

Therefore, Based on the above scenario, Since it is in its growth phase, I believe that the manufacturer should agree to make this changes.

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7 0
1 year ago
Which department managers in a hotel would benefit from understanding a bit about financial management? What should they know? W
dolphi86 [110]

Department managers in a hotel would benefit from understanding a bit about financial management in the following way

Explanation:

  • Teamwork: Almost every job within the hospitality industry involves teamwork. ...
  • Multi-tasking: No day is the same within the hospitality industry. ...
  • Flexibility: ...
  • Attention to Detail: ...
  • Industry Awareness: ...
  • Time Management: ...
  • Communication: ...
  • Interpersonal Skills:

Financial management includes

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5 0
3 years ago
hich of the following is not a change in the audit report as a result of the new reporting standard (AS 3101)? a. Specific menti
Alex

Answer: d. A statement that the financial statements are the responsibility of the client's management

Explanation:

The new reporting standard (AS 3101) requires auditor's opinion on the financial statements to be moved to the first paragraph of the Audit report, Requires the Auditor to use section titles to identify and highlight important information, Requires an Auditor to provide a clear clarification that the audit scope includes notes to the financial statement, and also the Auditor is required to disclose the year they began serving consecutively as the company's auditors.

A statement that the financial statements are the responsibility of the client's management is NOT part of changes brought by AS 3101

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2 years ago
Lake Charles Seafood makes 550 wooden packing boxes for fresh seafood per​ day, working in two​ 10-hour shifts. Due to increased
Mashcka [7]

Answer:

a. Before the change in work rules, the company's productivity per day

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