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Monica [59]
2 years ago
9

The Seven Steps to Move into a New Field

Business
1 answer:
mylen [45]2 years ago
3 0

Answer:

what? I'll answer in comments if this is a mistyped question

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Your boss asks you to compute the company's cash conversion cycle. looking at the financial statements, you see that the average
EleoNora [17]
<span>Cash conversion cycle is an efficiency ratio which measures the number of days for which a company’s cash is tied up in inventories and accounts receivable. It is aimed at assessing how effectively a company is managing its working capital. Formula Cash Conversion Cycle = DSO + DIO – DPO Where, DSO is days sales outstanding = Average Accounts Receivable × 365 ÷ Credit Sales DIO is days inventory outstanding = Average Inventories × 365 ÷ Cost of Goods Sold DPO is days payables outstanding = Average Accounts Payable × 365 ÷ Cost of Goods Sold DSO=(97,900*365)/324,000=110.2 DIO=(126,300*365)/282,000=163.5 DPO=(115,100*365)/282,000=149 Cash Conversion Cycle = DSO + DIO – DPO Cash Conversion Cycle = 110.2+163.5-149=125(Approx)</span>
7 0
3 years ago
Blanchard and Hersey's Situational Leadership style used which two dimensions to determine employee readiness?
Darya [45]

Answer:

According to Hersey and Blanchard, readiness refers to "the extent to which a follower has the ability and willingness to accomplish a specific task" (1988, p. 174). The two dimensions composing employee readiness are willingness and ability related to a specific task.

3 0
3 years ago
Three Guys Burgers, Inc., has offered $18 million for all of the common stock in Two Guys Fries, Corp. The current market capita
son4ous [18]

Answer:

The minimum annual synergy that Three Guys feels it will gain from the acquisition is $ 178,500

Explanation:

Value of synergy gain from acquisition = 18 - 15.9 = 2.1 million

Annual synergy gain = 2.1 *.085 = .1785 million or $ 178,500

Annual synergy gain = $ 178,500

5 0
3 years ago
On May 7, Jernigan Company purchased on account 640 units of raw materials at $15 per unit. During May, raw materials were requi
Tema [17]

Answer:

Date               Account Title                                              Debit               Credit

May 7             Materials                                                 $9,600

                      Accounts Payable                                                            $9,600

<u>Working:</u>

= Units purchased * cost per unit

= 640 * 15

= $9,600

As the goods were purchased on account, they will be sent to accounts payable. Materials are assets so they will be debited when acquired.

3 0
3 years ago
The 10 million U.S. residents with the highest SES (and the best health care) outlive the 10 million with the lowest SES who liv
mamaluj [8]

The 10 million U.S. residents with the highest SES outlive the 10 million with the lowest SES who live in rundown areas by about  <u>30</u> years.

<h3>What is socioeconomic status (SES)?</h3>

Socioeconomic status can be defined as the status of people in a society or community as based on the followings:

  • Income
  • Occupation
  • Education

In the United State of America people who are educated and earn higher income including having the best health care tend to live longer compare to those who live in a very poor condition and has a  lowest SES.

Inconclusion 10 million U.S. residents with the highest SES outlive the 10 million with the lowest SES who live in rundown areas by about  <u>30</u> years.

Learn more about socioeconomic status here:brainly.com/question/3867614

7 0
2 years ago
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