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
suter [353]
3 years ago
14

What is a question that should be asked about accounts payable when forecasting?

Business
1 answer:
charle [14.2K]3 years ago
3 0

Answer:

In forecasting accounts payable, one of the relevant questions is:

What is the cash conversion cycle?

Explanation:

The variables used in computing the cash conversion cycle include accounts receivable days, inventory turnover days, and accounts payable days.  Specifically, cash conversion cycle (CCC) is the period in days that it takes the firm to convert cash into inventory, then into sales, and finally back into cash.  To gain a good understanding of accounts payable, one should always consider the major inclusive metric.

You might be interested in
Sue spent much of her time checking inventories, processing straight rebuys, setting up displays and making sure everything is g
elena-14-01-66 [18.8K]

Answer:

(D) order taker.

Explanation:

An order taker is a salesperson who collects orders checks inventories, processes straight rebuys, sets up displays but does not make any effort to invite new customers or persuade the existing ones to increase their quantities of purchase.

7 0
3 years ago
From the end of 2010 to the end of 2011, M1 increased from $2,006 billion to $2,311 billion. By what percentage did M1 increase?
SIZIF [17.4K]

Answer:

15.20%

Explanation:

The computation of the M1 increase is shown below:

= (M1 End of the year 2011  - M1 end of the year 2010) ÷ M1 End of the year 2010

= ($2,311 billion - $2,006 billion) ÷ ($2,006 billion)

= 15.20%

4 0
3 years ago
Consider the following scenarios:
Oliga [24]
Scenario 2 would be correct
7 0
3 years ago
In its most recent annual report, Appalachian Beverages reported current assets of $54,000 and a current ratio of 1.80. Assume t
svetlana [45]

Answer:

Current Ratio - Transaction 1 = 1.6666  rounded off to 1.67

Current Ratio - Transaction 2 = 1.6388  rounded off to 1.64

Explanation:

The current ratio is a measure of liquidity which measures the amount of current assets a business has to pay off each $1 of current liability. It is calculated as follows,

Current Ratio = Current Assets / Current Liabilities

We know the initial current ratio and current assets. The initial current liabilities will be,

1.8 = 54000 / Current Liabilities

Current Liabilities = 54000 / 1.8

Current Liabilities = $30000

Transaction 1

The result of transaction 1 will be that the current assets will increase by $6000 as inventory increases and the current liabilities will also increase by $6000 as accounts payable are increasing. The new current ratio will be,

Current Ratio - Transaction 1 = (54000 + 6000)  /  (30000 + 6000)

Current Ratio - Transaction 1 = 1.6666 rounded off to 1.67

Transaction 2

The result of transaction 2 will be that the current assets will decrease by $1000 as payment for truck which is a fixed asset is made partly by cash and the current liabilities will not increase as the note signed for the remaining payment of the truck is due after 2 years thus it is a non current liability. The new current ratio will be,

Current Ratio - Transaction 2 = (54000 + 6000 -1000)  /  (30000 + 6000)

Current Ratio - Transaction 2 = 1.6388  rounded off to 1.64

5 0
3 years ago
Suzie generally prepares the majority of meals for her family. Even though she always prepares meals that are high in nutrients,
Romashka-Z-Leto [24]

The correct question should be:

Suzie generally prepares the majority of meals for her family. Even though she always prepares meals that are high in nutrients, she tends to make the same meals repeatedly. Which characteristics of a healthful diet is missing from Suzie's meal planning

Answer: Variety.

Explanation:

Suzie's meals lack variety although they are highly nutritional. Variety simply means to have different options or the absence of monotony. Suzie needs to create more types of meals rather than stick to a single pattern of meal.

7 0
3 years ago
Other questions:
  • The owner of a newspaper-stand wants to raise prices to increase revenue. There are a number of other newspaper-stands nearby. W
    5·1 answer
  • When the cost of the cpi market basket increases from one year to the next we know that?
    5·1 answer
  • Suppose the real risk-free rate is 2.50% and the future rate of inflation is expected to be constant at 4.10%. What rate of retu
    9·1 answer
  • Mr. Zee worked 48 hours during the week ended January 18, 2019. He is paid $12 per hour and is paid time and a half for all hour
    15·1 answer
  • .Can competitors imitate FedEx’s approach in international markets and take market share away from the company? Why or why not?
    7·1 answer
  • Help!!!!!!!!!!!<br> Can you answer this question? :(
    12·1 answer
  • Larry is asked to conduct an STP analysis for his firm. The first step he should perform in this analysis is to: A. develop a bu
    11·1 answer
  • The ____ server is usually a high-powered workstation that maintains a large file system of data sets, user profiles, and access
    11·1 answer
  • The notes to a recent annual report from Weebok Corporation indicated that the company acquired another company, Sport Shoes, In
    11·1 answer
  • Girls can log onto www.Barbie and design their own special Barbie doll. They can choose the doll's skin tone, hair color, clothe
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!