Answer:
Receivables turnover= Sales/ Accounts Receivables
Receivables turnover= $9,358,610 / $442,016
Receivables turnover= 21.173 times
Days' sales in receivables= 365 days/ Receivables turnover
Days' sales in receivables= 365 days/ 21.173 times
Days' sales in receivables= 17.239 days
Average collection period= Days' sales in receivables = 17.239 days
Answer:
a.$121,375
Explanation:
Increase in account receivable means there is more credit sales were made during the year than the cash received from the customers. So, cash will be used in the period by account recivables.
According to indirect method cash flow will be adjusted as follows
Net Income $143,124
Net Increase in Rceivables ($21,749)
( $67,072 - $45,323) <u> </u>
Cash Flow from Operating Activites <u> $121,375</u>
Answer:
The answer is: D) On average, the number of copies made each day was about 24 copies per day away from the mean, 258.
Explanation:
Mean: to calculate the mean of an statistical sample, you add all the data points and then divide by the total number of points, in other words is the average value.
Standard deviation: measures how spread out the values are from the sample's mean. The larger the standard deviation, the more spread out the values.
I think the most appropriate answer would be D.
I hope it helped you!
Answer:
y
Explanation:
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