1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
lesya692 [45]
2 years ago
15

Garcia Industries has sales of $176,500 and accounts receivable of $18,500. The industry average DSO is 27 days, based on a 365-

day year. If the company changes its credit and collection policy sufficiently to cause its DSO to fall to the industry average, and if it earns 3.0% on any cash freed-up by this change, assuming other things are held constant. How much would the net income be affected?
Business
1 answer:
Brilliant_brown [7]2 years ago
5 0

Answer: 176,500 = 372,879

Explanation:

You might be interested in
Boiler rooms with slick telemarketers offered full physicals for a little or no fee. this free diagnostic service turned out to
scoundrel [369]
<span>Information was used to file claims against insurance companies and government insurance, patients were pushed to take out loans to cover services, patients' credit card information was obtained and card companies were billed, patients were required to furnish bank information and electronic checks were processed by financial institutions.</span>
4 0
3 years ago
ACCOUNTING:
Oksana_A [137]

Explanation:

why is this so much who assigned you this

3 0
3 years ago
A business rents bicycles and in-line skates. Bicycle rentals cost $25 per day, and in-line skate rentals cost $20 per day. The
Alja [10]

Answer:

a.

25 b+20 s=455...equation 1

b+s=20...equation 2, where b and s are the number of bicycle and in-line skate rentals per day.

b. The business had 11 bicycle rentals and 9 in-line skate rentals.

Explanation:

a.

<em>Step 1: Determine an equation for total revenue today</em>

Since the business rents bicycles and in-line skates, the total revenue will be as a result of amount received in revenue from renting the bicycles and in-line skates. This can be expressed as shown;

T=(B×b)+(S×s)

where;

T=total revenue

B=bicycle rental cost per day

b=number of bicycles

S=in-line skate rental cost per day

s=number of in-line skates

In our case;

T=$455

B=$25 per day

b=unknown

S=$20 per day

s=unknown

Replacing;

(25×b)+(20×s)=455

25 b+20 s=455...equation 1

<em>Step 2: Determine an equation for total rentals today</em>

The equation for the total number of rentals is;

R=b+s

where;

R=total number of rentals today

b=number of bicycles

s=number of in-line skates

In our case;

R=20

b=unknown

s=unknown

Replacing;

b+s=20...equation 2

b.

<em>Step 3: Combine equation 1 and 2 ans solve simultaneously</em>

1(25 b+20 s=455), multiplying equation 1 by 1=25 b+20 s=455

     20(b+s=20), multiply equation 2 by 20=20 b+20 s=400

25 b+20 s=455

-

20 b+20 s=400

5 b+0 s=55

(5 b)/5=55/5=11

b=11, replace the value for b in equation 2 and solve;

(20×11)+20 s=400

220+20 s=400

20 s=400-220=180

20 s=180

s=(180/20)=9

The business had 11 bicycle rentals and 9 in-line skate rentals.

8 0
3 years ago
The cable company must own a scarce resource. The cable company is experiencing diseconomies of scale. In order for a monopoly t
Vika [28.1K]

Answer:

It is more efficient on the cost side for one producer to exist in this market rather than a large number of producers.

Explanation:

3 0
3 years ago
Read 2 more answers
suppose that a financial crisis decreases planned investment spending by $100 billion, and the marginal propensity to consume is
Bogdan [553]

The real GDP will decrease by $500 billion.

<h3>What is GDP?</h3>

A country's gross domestic product (GDP) is the sum of the market values of all the finished goods and services produced within its borders during a specific time period. As a general measure of all domestic production, it provides a comprehensive evaluation of the economic health of a specific nation. GDP is frequently calculated on an annual basis, although it is also occasionally approximated on a quarterly basis. For example, the US government generates an annualised GDP estimate for the entire year as well as each fiscal quarter. Each item of data in this report is supplied in actual terms, which allows for the calculation of the data to account for price changes. The result is data that is net of inflation.

To learn more about GDP, visit:

brainly.com/question/15682765

#SPJ4

8 0
1 year ago
Other questions:
  • Financial compensation falls into two general categories, which are:
    13·1 answer
  • American apparel makers complain to Congress about competition from China. Congress decides to impose either a tariff or a quota
    9·1 answer
  • What is market segmentation? List the steps in the market segmentation process.
    15·1 answer
  • Bill lives in montana and likes to grow zucchini. he applies fertilizer to his crops twice during the growing season and notices
    6·1 answer
  • Aubree Blake is a politician who leads campaigns for organic foods in the rural counties of her country. Several farmers in diff
    11·1 answer
  • annual property taxes are $1,776. the previous year's taxes are paid. if the closing is one May 1, what is the seller's portion
    5·1 answer
  • Suppose that the government wishes to decrease the market equilibrium monthly rent by increasing the supply the housing. Assumin
    9·1 answer
  • When entering variables in a spreadsheet function (or in a financial calculator) the "sign convention" can be critical to achiev
    6·2 answers
  • Some one please help I will give you 100 points and a brilliant abswer​​
    15·2 answers
  • Scientific management is the study of work methods to improve the productivity of _____.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!