Answer:
$125,165.49
Explanation:
Daily Sales Outstanding is computed by dividing Average Accounts Receivable over Daily Credit Sales.
In this case, if the DSO is 71, then the Daily Credit Sale is $2,887.3239($205,000/71).
Then, the old sales is $1,053,873.24 ($2887.3239 x 365).
If this is reduced by 15% after the policy is implemented, the new sales is $895,792.25 ($1,053,873.23-15%) and the new daily sales is $2,454.23 ($895,792.25/365).
Using these DSO formula, the new Accounts Receivable level will be $125,165.49 (51 x $2,454.23).
The above statement is true. The project sponsor is a senior manager from the business unit most affected by a project who assures the project will fulfill the needs of his or her firm.
- The project sponsor is in charge of the project's overall success, which includes selecting the project manager and team, establishing success parameters, and guaranteeing the project's timely completion.
- Executive sponsor is a position in project management, typically held by the project board's most senior member and frequently its chair. A top executive at a company who is accountable to the company for the project's success will serve as the project sponsor.
- Members of senior management who support projects and have a significant amount of influence and power are known as project sponsors. The names of project sponsors vary frequently, including those of product sponsors, project directors, account managers, and business unit managers.
Thus this is definition of project sponsor.
To learn more about project sponsor, refer: brainly.com/question/28387041
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Answer:
$94,080
Explanation:
Data provided in the question:
The partnership’s capital balances
Caitlin= $128,000
Chris = $88,000
Molly = $108,000
Paul's equity = 20%
Amount invested by the Paul = $68,000
Now,
The total value of the capital = ∑ ( capital balances of each partner )
= $128,000 + $88,000 + $108,000 + $68,000
= $392,000
Therefore,
The balance in Paul's capital account immediately after Paul’s admission
= 20% of $392,000
= $78,400
Thus,
Balance in capital account for Caitlin, Chris, and Molly
= total value of the capital - Balance in Paul's capital
= $392,000 - $78,400
= $313,600
also,
Share of Caitlin = 
= 0.3
hence,
balance in Caitlin’s capital account immediately after Paul’s admission
= 0.3 × $313,600
= $94,080
