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Pani-rosa [81]
3 years ago
11

Mervyn's fine fashions has an average collection period of 30 days. the accounts receivable balance is $36,000. what is the valu

e of its annual credit sales
Business
1 answer:
Jlenok [28]3 years ago
8 0

$438,000

Average Daily Sales = $36,000/30  = $1200

$1200 per day * 365 days per year = $438,000

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At Bayside Financial, where you work as a project manager, you have been asked to conduct user training sessions for a new infor
Otrada [13]

Answer:

The correct total time is nineteen (19) days instead of twenty-one days.

Explanation:

Given the analysis of time for the project in parenthesis, it is feasible to merge some of the activities together by carrying them out simultaneously.

For example:

In the course of arranging and confirming the training facility to use which will last for 3 days, the development of the training material that ought to last for 5 days is brought down to a 2 days work because the initial 3 days for arrangement becomes vacant pending the reply on the final day. This brings the total days from 8 to 5.

Other days remain thus:

• Send an e-mail message to all department managers (1 day)  

• Print copies of handout (2 days)

• Develop a set of PowerPoint slides (5 days)

• Conduct a practice training session with the instructor (2 days)

• Conduct the user training sessions (4 days).

Hence, total days are as follow:

5 +1 + 2 + 5 + 2 + 4 = 19 days.

5 0
3 years ago
In 2005, a loan broker and appraiser working for a subsidiary of Bank of America appraised the Cassies home at a fair market val
Tomtit [17]

Answer:

C. The Cassies will win.

Explanation:

In the given case, the cassies would win as this was appraisal fraud that done by the company employee who is a Bank of america Subsidiary. Here the loan broker and the appraiser increase the fair market value of cassies home i.e. $620,000 but it would be lesser that is $250,000. So this inflate the value in order to make the payment of high rate with related to the mortgage

3 0
3 years ago
The purpose of a financial intermediary is to help channel funds
Triss [41]

Answer:

a. from one banks to another

Explanation:

3 0
4 years ago
A linear production possibilities curve indicates which of the following?
lilavasa [31]

Answer:

I think ur answers are A, B, and C.

Explanation:

Hope this helps!

6 0
2 years ago
Which of the following is not considered a debit
dem82 [27]

The answer is <u>"A. Interest earning".</u>


A debit is an accounting entry that outcomes in either an expansion in resources or a decline in liabilities on an organization's accounting report. In basic accounting, debits are adjusted by credits, which work the correct inverse way. For example, if a firm applies for a new line of credit to buy gear, it would debit settled resources and credit a liabilities account, contingent upon the idea of the loan.  


8 0
4 years ago
Read 2 more answers
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