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liberstina [14]
3 years ago
11

Using the following end-of-year information, calculate the number of days' sales in receivables for Year 2.

Business
1 answer:
victus00 [196]3 years ago
6 0

Answer:

The number of days' sales in receivables for Year 2 is 48.7

Explanation:

The formula that is applicable to this scenario is the accounts receivable divided by sales multiplied by 365 days

The number of days' sales in receivables=$11,000/$82,500*365=48.67  

The correct option is D, since the 48.67 was simply rounded down to one decimal place.

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Development that considers both current and future needs is referred to as______ development
andrey2020 [161]

Answer:

Sustainable

Explanation:

Sustainable development is involves utilization of resources to achieve our goals both in present and the future goals, Sustainable development can be categorized as

✓environmental

✓human

✓ social

✓economic

It should be noted that Development that considers both current and future needs is referred to as sustainable development

7 0
3 years ago
Kevin thought the laptop was priced too high, but when he found out that it came with a free printer, he decided it was worth th
tiny-mole [99]

Answer:

The correct answer is: door in the face.

Explanation:

The door-in-the-face technique takes place when an individual requests something more than what is offered but the offering is eventually turned down. However, the individual turning down the initial request usually places a reasonable counteroffer so the firs subject complies.

6 0
3 years ago
Question 4
SashulF [63]

1. The calculated capital budgeting techniques yielded the following results:

A. Accounting Rate of Return (AROR) is <u>28%</u>.

B. Payback Period Technique (PBP) is <u>5 years</u>.

C. Net Present Value Technique (NPV) is <u>RM33,588</u>.

D. Profitability Index (PI) is <u>1.056</u>.

2. The project should be accepted based on the positive results above.

3. The importance of capital budgeting techniques lies in the fact that they aid capital decision-making by measuring their probable outcomes.

<h3>What are capital budgeting techniques?</h3>

Capital budgeting techniques are capital investment evaluation tools.

Some of the capital budget tools include the Payback Period, Discounted Payment Period, Net Present Value, Profitability Index, Internal Rate of Return, and Modified Internal Rate of Return.

These capital budgeting techniques help management to evaluate capital projects and to choose investment strategies.

<h3>Data and Calculations:</h3>

Investment cost = RM600,000

Cost of capital = 12%

            Net Cash Flows      PV Factor     Present Value

Year 0     RM600,000               1              (RM600,000)

Year 1       RM100,000           0.893                  89,300

Year 2            110,000            0.797                  87,670

Year 3            121,000            0.712                   86,152

Year 4            133,100            0.636                 84,652

Year 5            146,410            0.567                  83,014

Year 6    RM400,000            0.507              202,800

Present value of cash flows =                 RM633,588

Net Present Value                                      RM33,588

Total Net Cash Flows = RM1,010,510

Average Net Cash flows = RM168,418 (RM1,010,510/6)

Accounting Rate of Return = Average Income/Initial Cost

= 28% (RM168,418/RM600,000 x 100)

Payback period = 5 years

NPV = Initial Investment - PV of net cash flows

= RM33,588

Profitability Index = Present value of cash flows/Initial Cost

= 1.056 (RM633,588/RM600,000)

Learn more about capital budgeting techniques at brainly.com/question/17159659

#SPJ1

8 0
2 years ago
All of the following actions lead to the payment of a credit card fee EXCEPT...
alexandr402 [8]

I need the picture so I can see it

7 0
3 years ago
Read 2 more answers
Below is the aging of receivables schedule for Evers Industries. Aging-of-Receivables Schedule November 30 Customer Balance Not
Murrr4er [49]

Answer:

uncollectible ammount expense 47,972 debit

            allowance for doubtful account    47,972 credit

Explanation:

Fro mthe talbe we are given the amount of account over-time fro meach customer.

As we are presented with all date we should proceed directly with the journal entry:

the aging method stated an allowance of       60,727

the current balance is for                            <u>     (12,755)   </u>

the adjustment will be for:                         <em>       47,972 </em>

5 0
3 years ago
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