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allochka39001 [22]
3 years ago
7

Neon Light Company of Kansas City ships lamps and lighting appliances throughout the country. Ms. Neon has determined that throu

gh the establishment of local collection centers around the country, she can speed up the collection of payments by two days. Furthermore, the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. The bank has a remote disbursement center in Florida. a. If Neon Light Company has $3.05 million per day in collections and $1.21 million per day in disbursements, how many dollars will the cash management system free up?
Business
1 answer:
BigorU [14]3 years ago
4 0

Answer: $6.705‬ million

Explanation:

Ms. Neon can speed up collections by 2 days so collection is faster.

She can slow down payments by 1/2 days so payments are slower.

Freed up cash is;

= (Cash receipts * Days sped up) + (Cash payments * days slowed down)

= ( 3.05 * 2) + (1.21 * 1/2)

= $6.705‬ million

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Answer:

b. 15 and 20

Explanation:

Given that an average housekeeper needs about fifteen to thirty minutes to clean a room during a shift. And the work time always happen when hotel visitors are out of their rooms for activities, or they elapsed their duration. Also, noting that a shift for housekeeper is at average of eight to ten hours.

Hence, depending on the type of hotel, housekeeping associates typically service between fifteen to twenty rooms per day which equates to average of 5 - 6 hours full of work.

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3 years ago
Ayayai Co. has a held-to-maturity investment in the bonds of Schuyler Corp. with a carrying value of $56,800. Ayayai determined
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Answer:

journal entry are as given below

Explanation:

given data

carrying value = $56,800

bonds decreased value = $48,100

solution

we know that here impairment loss for organization when future estimate value of assets is less than carrying value of assets

and all loss and expenses are debit

and by the impairment loss value of investment decline so maturity id credit

so here

impairment loss is

impairment loss = carrying loss - decrease value ............1

impairment loss = $56,800 - $48,100

impairment loss = $8700

so journal entry are as

date           title                                            Debit                   Credit

              Impairment loss                           $8700

              investment held to maturity                                     $8700

6 0
3 years ago
I am reporting Brainlypatrol, bro stop
nlexa [21]

Answer:

Ohhh I see you okay :) You do you man

8 0
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Which of the following demand data exhibit(s) a seasonality pattern?
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Answer:

b. Electricity usage over a 24 hour period

Explanation:

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In the given case, Electricity represents seasonal demand in the sense that during day time, when several tasks are to be performed which are dependent on electricity, the usage is most and such usage falls as one moves towards the evening.

Thus, electricity usage over a 24 hour period represents seasonality pattern of demand.

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4 years ago
A production possibilities frontier with constant opportunity cost is:________
amm1812

Answer: A straight downward sloping line

Explanation:

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