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Ahat [919]
3 years ago
7

The following information is taken from Reagan Company's December 31 balance sheet: Cash and cash equivalents $ 9,619 Accounts r

eceivable 76,422 Merchandise inventories 66,362 Prepaid expenses 5,300 Accounts payable $ 16,150 Notes payable 92,638 Other current liabilities 10,700 If net sales for the current year were $605,500, the firm's days' sales uncollected for the year is:
Business
1 answer:
abruzzese [7]3 years ago
5 0

Answer:

46.07 days

Explanation:

Calculation for the firm's days' sales uncollected for the year

Using this formula

Days' Sales Uncollected Ratio = Ending Accounts Receivable/Net Sales * 365

Let plug in the formula

Days' Sales Uncollected Ratio = ($76,422/$605,500) * 365

Days' Sales Uncollected Ratio = 46.067 days

Days' Sales Uncollected Ratio = 46.07 days Approximately

Therefore the firm's days' sales uncollected for the year is: 46.07 days

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What gathers product details and issue resolution information that can be automatically generated into a script for the represen
Alexus [3.1K]

Answer:

Call Scripting System

Explanation:

The Call Scripting System is frequently used by telemarketers among others when attending to contacts, clients or customers. The call script also referred to as the Cold Calling Script makes use of logic, correct wordings or talking points to assist an agent when dealing with a prospective customer.

These scripts are ideal because they can be integrated into telephony and Interactive Voice Response (IVR) Systems to ensure that an agent gets handy and appropriate information about a customer or client.

The Call Scripting System is widely used across call centres and Customer Satisfaction Centres. An advantage of this system is that it guarantees Consistency in customer data information that is being used to issue resolutions to clients irrespective of the agent on Customer Service Duty.

5 0
3 years ago
Heather deposited $1,700 at her local credit union in a savings account at the rate of 9.8% paid as simple interest. She will ea
Ostrovityanka [42]

Answer:  $3865.8

Explanation:

The formula to find the simple interest is given by :-

I=Prt, where P is the initial amount deposited , r is the rate of interest in decimal and t is the time period in years.

Given : P= $1700      ;    r= 9.8%=0.098     ; t=13 years

Then , the simple interest earned in 13 years will be :-

I=1700\times0.098\times13=2165.8

Now, the combined amount = P+I =$1700+$2165.8= $3865.8

Hence, the credit union would owe Heather $3865.8 in 13 years.

4 0
3 years ago
Lever Brothers, a worldwide leader in consumer products, follows a brand strategy in its personal care division with nine brands
puteri [66]

Answer:

The correct answer is C. Stand-alone branding.

Explanation:

In the model of independent brands (house of brands) different brands coexist independently acting on the basis of the different lines of business. This model allows attacking different market segments with specialist brands in each of them, but in the face of the great freedom it provides, minimal synergies between brands are used. For example, LVMH, the world leader in luxury products, has in its portfolio brands such as MOËT & CHANDON, DIOR, AG HEUER or SEPHORA, among others, which operate without any link to the corporate brand.

5 0
3 years ago
You just won $90,000 on a scratch-off lottery ticket. You plan to save the money in a retirement account expected to return 6% p
yanalaym [24]

Answer:

  about 1.24 million dollars

Explanation:

Account value is multiplied by 1.06 each year, so after 45 years, it has been multiplied by 1.06^45. The value is ...

  $90,000 × 1.06^45 = $1,238,814.97

7 0
4 years ago
Cash Flows from Operating Activities—Indirect Method The net income reported on the income statement for the current year was $1
KiRa [710]

Answer:

Explanation:

26262

8 0
4 years ago
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