Answer:
option (A) 49 days
Explanation:
Data provided:
Net sales = $3,749.9 million
Accounts receivable on December 31, 2016 = $486.6 million
Accounts receivable on December 31, 2015 = $520.2 million
Now,
The duration from December 31, 2015 to December 31, 2016 = 365 days
Days sales outstanding = 
or
Days sales outstanding = 
or
Days sales outstanding = 
or
Days sales outstanding = 48.99 ≈ 49 days
Hence,
The correct answer is option (A) 49 days
Upon beginning her career at Davidson inc., a small consulting firm, Stephanie Benjamin receives a copy of the firm's organization chart, which will clarify positions and reporting relationships within the firm. Correct answer: B
<span> The organization chart illustrates the relationships among positions within an organization . The chart has usual five elements: job design, departmentalization, delegation, span of management, and chain of command.</span>
Answer and Explanation:
The computation is shown below:
a. The new customer retention rate is
(a) the day above 3 days from order to delivery
= 3.5 - 3
= 0.5 days
And,
The reduction in customer retention rate is
= 0.5 × 1%
= 0.5%
errors above three per month is
= 6 - 3
= 3
The reduction in customer retention rate is
= 3 × 1.5%
= 4.5%
So, the new customer retention rate is
= 60% - 0.5% - 4.5%
= 55%
(b) The total reduction in customer retention rate is
= 0.5 + 4.5
= 5.0%
The reduction in market share is
= 5% × 0.5
= 2.5%
Now
New market share is
= 21.4% - 2.5%
= 18.9%
