Answer:
a. 8.65 times
b. 42 days
Explanation:
The computation of Receivables turnover ratio and days to collect is shown below:-
a. Receivables turnover ratio = Net sales ÷ Average receivables
= $43,500 ÷ ($5,180 + $4,880) ÷ 2
= $43,500 ÷ ($10,060 ÷ 2)
= $43,500 ÷ $5,030
= 8.65 times
b. Days to collect = 365 ÷ Receivables turnover ratio
= 365 ÷ 8.65 times
= 42 days
If you need to indicate the missing ammount of each letter in the grahp then it will be like follows:
For the first case:
A = $9,600 + $5,000 + $8,000 = $22,600$22,600 + $1,000 – B = $17,000
B = $22,600 + $1,000 – $17,000 = $6,600$17,000 + C = $20,000
C = $20,000 – $17,000 = $3,000
D = $20,000 – $3,400 = $16,600
<span>E = ($24,500 – $2,500) – $16,600 = $5,400
</span><span>F = $5,400 – $2,500 = $2,900
</span>And now for the second case:
G + $8,000 + $4,000 = $16,000
G = $16,000 – $8,000 – $4,000 = $4,000$16,000 + H – $3,000 = $22,000
H = $22,000 + $3,000 – $16,000 = $9,000(I – $1,400) – K = $7,000(I – $1,400) – $22,800 = $7,000
<span>I = $1,400 + $22,800 + $7,000 = $31,200
</span>J = $22,000 + $3,300 = $25,300
K = $25,300 – $2,500 = $22,800$7,000 – L = $5,000
<span>L = $2,000</span>
Answer:
<u>purpose nondisclosure</u>
Explanation:
The purpose nondisclosure used by Ford occurs when information protection is required. It is a confidentiality agreement that aims to protect information relevant to an organization, such as customer lists, new technologies and marketing campaigns. By adopting this agreement the company protects itself against the leakage of information from any party, which is legal action.
