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A company has net income of $187,000, a profit margin of 8.6 percent, and an accounts receivable balance of $126,370. assuming 6

Olegator [25]

The solution for this problem is get first the total sales, credit sales and receivables turnover.
187,000 / 0.086 = $2,174,418 this is your total sales

2,174,418 x 60% = $1,304,651 is your credit sales

1,304,651 / 126,370 = 10.32 times is the Receivables turnover

365 / 10.32 = 35.37 days is the day's sales in receivables

7 0

4 years ago

Which NIMS Management Characteristic includes developing and issuing assignments, plans, procedures, and protocols to accomplish

Naya [18.7K]

Management by objectives includes developing and issuing assignments, plans, procedures and protocols to accomplish tasks.

Explanation:

NIMS is a comprehensive national approach to the incident management that is applicable at all the jurisdictional levels and across all the functional disciplines. The major purpose of NIMS is to improve the coordination of the public and the private enterprises in a variety of incident management activities.

There are certain management characteristics of NIMS. Some of them are common terminology, modular organisation, management by objectives, incident action planning and many more.

4 0

3 years ago

Prepare the journal entry to record Zende Company’s issuance of 66,000 shares of $5 par value common stock assuming the shares s

eduard

Answer:

The journal entry to record Zende Company’s issuance of 66,000 shares of $5 par value common stock assuming the shares sell for $5 cash per share would be

Debit Credit

Cash $330,000

Common stock $330,000

The journal entry to record Zende Company’s issuance of 66,000 shares of $5 par value common stock assuming the shares sell for $6 cash per share would be

Debit Credit

Cash $396,000

Common stock $330,000

Paid in capital in excess of par value $66,000

Explanation:

The journal entry to record Zende Company’s issuance of 66,000 shares of $5 par value common stock assuming the shares sell for $5 cash per share would be as follows:

Debit Credit

Cash $330,000

Common stock $330,000

Par values of the share of common stock=$66,000*5

Par values of the share of common stock=$330,000

The journal entry would be prepared by debiting cash and crediting common stock by $330,000

The journal entry to record Zende Company’s issuance of 66,000 shares of $5 par value common stock assuming the shares sell for $6 cash per share would be as follows:

Debit Credit

Cash $396,000

Common stock $330,000

Paid in capital in excess of par value $66,000

cash=66,000*$6

cash=$396,000

Common stock=$66,000*5=$330,000

Paid in capital in excess of par value=$396,000-$330,000=$66,000

4 0

3 years ago

After months of thinking about the new laptop she heard about from a friend, anna finally decides it’s time to buy it. In what s

inna [77]

The stage of the customer journey of Anna is the Purchase phase.

Awareness: the customer becomes familiar with the brand via channels, consisting of advertising and word-of-mouth. Consideration: realizing that they have a need that must be met, the customer actively considers whether or not to buy the product or service on offer. Purchase: the customer makes the purchase.

Customer's journey. is defined as the active research process someone goes through leading up to a purchase. It is called a journey because each one of your prospective customers will be at different points in their journey towards a purchase.

Learn more about the Purchase phase here brainly.com/question/27975123

#SPJ4

7 0

2 years ago

In which type of appraisal interview does the interviewer communicate the strong and weak points of an employee's performance du

shutvik [7]

Answer: Tell and Listen method of appraisal is used in the above mentioned scenario.

Explanation:

In tell and listen method of appraisal the evaluation of the employees is communicated to them at first. The superior in hierarchy does the appraisal where the superior gives the feedback on the performance at first which includes the strengths and weakness.

Then the employee is allowed to respond to the evaluation. The employee can express his feelings after receiving the evaluation whether he is happy or not. The employees have right to vent their feelings even its frustration.

7 0

3 years ago