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BigorU [14]
3 years ago
5

The following data are taken from the financial statements of Bar Harbor Company:

Business
1 answer:
nikdorinn [45]3 years ago
7 0

Answer:

a. Accounts receivable turnover = Net sales on account/Average accounts receivable

<u>2017</u>

Accounts receivable turnover = $5,800,000/$530,000

Accounts receivable turnover = 10.94

<u>2016</u>

Accounts receivable turnover = $5,200,000 / $550,000

Accounts receivable turnover = 9.45

b. Average collection period = 365 days/Accounts receivable turnover

<u>2017</u>

Average collection period = 365/10.94

Average collection period = 33 days

<u>2016</u>

Average collection period = 365/9.45

Average collection period = 39 days

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Answer:

A) Functional departmentalization

Explanation:

Functional departmentalization -

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3 years ago
CONSIDER a JOB THAT PAYS 100,000 PER YEAR. FEDERAL INCOME TAX IS 19% AND STATE INCOME TAX IS 7% WHAT IS THE ANNUAL TOTAL OF THE
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2 years ago
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Answer:

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<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

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2 years ago
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The paragraph which has the best coherence is option C. This is because in the case of the third option, it explains that the flow of ideas is constant from one sentence to another.

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An augmented product is any extra value that is attached to a physical product that is sold.
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An augmented product is something that has physical and non-physical attributes that add to the value of the product itself. 
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