Accounts receivable analysis

a company reports the following:

sales $315,360
average accounts receivable (net) 39,420
determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. round interim calculations to the nearest dollar and final answers to one decimal place. assume a 365-day year.

a. accounts receivable turnover

b. number of days' sales in receivables
days

Answer: See Explanation

Explanation:

Some of the behaviors that would be considered irresponsible in the workplace include:

1. Lateness: Every company has its working hours and it is required for the employees to adhere to the working hours and always get to work on time. Lateness is a bad habit in the workplace. For a company to achieve its goals, it's required for its workers to come to their workplace early and perform their duty well.

2. Cyberslackers: This occurs when the employees use the internet that is meant for work related activities to surf the net and browse sites that doesn't relate to their work. For example, a case whereby an employee is checking his or her social media at the workplace.

3. Lying to other employees: It is a bad behavior for an employee to lie or say something that's not true about a person in order to gain an advantage or for other person reasons Lying brings about lack of trust and disunity in the workplace.

4. Having a bad character: In an organization, it is vital for the employees to possess good characters such as being kind, caring, helpful etc. Possessing a bad character will have a negative effect on the company.

5. Theft: Employee theft is also an irresponsible behavior in the workplace. Stealing has a negative effect on the revenue of the company as it reduces the revenue such company makes. Employees should always make sure that they do not falsify information in order to gain a financial advantage or steal company's fund.

The total cash paid in March to settle accounts payable is $10,500 + $11,250 = $21,750.

To calculate the total cash paid in March to settle accounts payable, we need to consider the purchases made in February and March.

In February, the purchases were $42,000 * 25% = $10,500. This amount is paid in the month of purchase, so there is no outstanding payment for February purchases in March.

In March, the purchases were $60,000 * 25% = $15,000. Since 75% of accounts are paid in the month following the month of purchase, we need to calculate 75% of March purchases that are paid in March. 75% of $15,000 = $11,250.,the total cash paid in March to settle accounts payable is $10,500 + $11,250 = $21,750.

The purchases budget is prepared to estimate the amount of inventory that needs to be purchased during a specific period. It takes into account the expected cost of goods sold and the desired ending inventory. In this case, the expected cost of goods sold for April is given as $70,000. By subtracting the beginning inventory and adding the desired ending inventory, the required purchases for the first quarter are calculated.

The payment terms for the purchases are also considered in the budget. It is stated that 25% of accounts are paid in the month of purchase and the remaining 75% is paid in the following month. This means that a portion of the purchases made in February is paid in February itself, while the remaining portion is paid in March. Similarly, a portion of the purchases made in March is paid in March.

To determine the total cash paid in March to settle accounts payable, we need to calculate the amount of purchases that are paid in March. This includes the 25% of March purchases that are paid in March itself and the outstanding payment for the remaining 75% of February purchases. By adding these two amounts, we can find the total cash paid in March. In this case, the total cash paid in March to settle accounts payable is $21,750.

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Answer: I would experience a lot of cluster chains speaking on if someone was in trouble. An employee would be called to the back office if they were either in trouble or getting a promotion.

Explanation:

The correct option is E. Even if a party has a majority allowing it to exert control, the majority party still can do very little it wishes.

There are elected legislators in each of the 50 states who take into account proposals made by the governor or by their own members to craft legislation that becomes a law. A State's budget is also approved by the legislature, along with articles of impeachment and tax laws.

The State Legislature, like the Union Parliament, is primarily responsible for enacting laws. Legislation on the State List and Concurrent List may only be passed by the State Legislature. Legislation on the topics included in the Concurrent List may be made by the Parliament and the Legislative Assemblies.

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Answer:true

Explanation: I just took the test

The correct answer is B. Federal minimum wage. The Federal Work-Study program requires that students be paid at least the federal minimum wage, which is currently $7.25 per hour.

Some states have a higher minimum wage rate, so if the state's minimum wage is higher than the federal minimum wage, then the student would need to be paid at the higher state rate.

When there are conflicting minimum wage rates, employers are required to pay the higher rate. It is important to note that some types of workers, such as tipped employees and workers with disabilities, may have a different minimum wage rate under certain circumstances.

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Answer:

$2,000

Explanation:

Calculation for the amount of the net capital gain realized by Morse from the cash distribution

First step is to calculate the basis prior to the distribution

Basis prior to the distribution=[$4,000+(50%* $10,000)]

Basis prior to the distribution=$4,000+$5,000

Basis prior to the distribution=$9,000

Now let calculate net capital gain realized by Morse from the cash distribution

Net capital gain realized from cash distribution=($9,000-$11,000)

Net capital gain realized from cash distribution=$2,000

Therefore the amount of the net capital gain realized by Morse from the cash distribution will be $2,000

Answer:

a

Explanation:

Teaching Strategies GOLD was developed by Teaching Strategies, LLC, it is used to assess and track the development and progress of young children in a variety of areas, including language and literacy, math, and social-emotional development.

Teaching Strategies GOLD is a widely used assessment system for preschool and kindergarten students. The system is based on the latest research in early childhood education and is aligned with state and national standards.

The system includes a comprehensive set of tools and resources that help teachers observe, document, and assess children's development and progress. These tools include assessments, checklists, and rating scales that are designed to be easy to use and to provide accurate and reliable information about children's skills and abilities.

Teaching Strategies GOLD is designed to be flexible and can be used in a variety of settings, including preschools, kindergartens, and child care centres. It is also designed to be used in conjunction with other teaching and learning materials and resources. The system is constantly being updated and refined based on the latest research and feedback from educators.

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Integrity and objectivity are the items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants.

This is the term that is used to refer to the code that is used to apply to all of the people that would work in a particular organization that are meant to guide the behavior of the people in the organization and also check the ways that people would act.

Hence we can say that Integrity and objectivity are the items are included in The Code of Professional Ethics of the American Institute of Certified Public Accountants..

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His total cost per month for making 100,000 cupcakes is the sum of his fixed cost and variable cost, which is $15,600.

Austin's total cost per month for making 100,000 cupcakes includes both fixed and variable costs. The fixed cost is $3,600 per month, which remains constant regardless of the level of production. The variable cost is the cost that changes with the level of production, which in this case is the cost of labor.
Austin employs 20 workers and pays each worker $600 a month, which means his total variable cost for labor is $12,000 per month (20 workers x $600 each). Therefore, his total cost per month for making 100,000 cupcakes is the sum of his fixed cost and variable cost, which is $3,600 + $12,000 = $15,600.
Therefore, the correct answer to the question is $15,600.

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An expansionary policy. In this scenario, the Central Bank is increasing the money supply, which is a characteristic of expansionary monetary policy.

The purpose of expansionary policy is to stimulate economic growth by encouraging spending and investment through lower interest rates and increased liquidity in the economy. However, if the aggregate demand remains unchanged, it suggests that the increased money supply is not translating into increased spending or investment by consumers and businesses. Quantitative easing undertaken after 2008 focused on purchasing "toxic assets" and restoring credit to the private sector.

Unlike traditional central bank intervention, which primarily involves adjusting interest rates, quantitative easing (QE) implemented after the 2008 financial crisis involved the central bank purchasing "toxic assets" from financial institutions. These assets included mortgage-backed securities and other troubled assets. The goal was to provide liquidity to financial institutions, restore confidence in the banking system, and ease credit conditions for businesses and consumers. By purchasing these assets, the central bank aimed to stimulate lending, stabilize financial markets, and encourage economic recovery.

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Answer:

Because it has no substitute s

Requirement 1: If you can earn an annual return of 11.16 percent, how much do you have to invest today? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Investment $ The amount of money you have to invest today if you want to be a millionaire when you retire in 45 years, if you can earn an annual return of 11.16 percent is $4,190.25. Requirement 2: What if you can earn an annual return of 5.58 percent? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Investment $ If you can earn an annual return of 5.58 percent, how much do you have to invest today if you want to be a millionaire when you retire in 45 years? The amount of money you need to invest today is $12,331.65. What is the present value of an annuity? The present value of an annuity is the value of a group of future cash flows at the current time. For example, if an investor can expect to receive a set amount of cash for a certain number of years in the future and would like to know what that amount is worth in the present.

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According to Hans Selye, stress is a non-specific response of the body to any demand or challenge placed upon it.

In other words, stress is a physiological and psychological response that occurs in the body in response to a stressor, or a trigger that causes stress. Selye believed that stress is a normal and inevitable part of life, and that it can be both positive and negative.

Positive stress, or eustress, can be beneficial and help us to achieve our goals, while negative stress, or distress, can be harmful and lead to physical and mental health problems. Therefore, the most accurate statement about stress according to Hans Selye is that it is a non-specific response of the body to any demand or challenge placed upon it.

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To buy a product, customers must first have the need for the product.

Customers cannot just simply buy anything or everything when it comes to products. People love shopping but money is a very useful and powerful resource and customers understand it well, so they don't want to spend it on useless things.

Firstly, there should be a need or a desire to buy a particular product. After that the customer decides his or her budget or the money he would like to spend on that product. If it crosses his or her budget, then the customer may not able to buy the product.

Lastly, there should be willingness to buy the product. Nowadays, we get impressed by big brands, malls and stores giving us immense discounts for even our daily needs. That is how knowingly or unknowingly, we tend to shop more.

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Direct labor is considered to be those employees who are involved in the production of goods and services. In Mama J's Pizza Shop, a worker who monitors the oven and rotates each pizza as needed for even baking is considered direct labor.

Direct labor is a term used to describe workers who take part in the production of goods or services.

For example, in Mama J's Pizza Shop, direct labor would include the employees who make the pizzas.

Direct labor can also include workers who are involved in the manufacturing process but don't actually make the final product, such as machine operators or assembly line workers.

In general, direct labor is distinguished from indirect labor, which refers to employees who provide support services to the production process, such as janitors or supervisors.

In this scenario, the worker who monitors the oven and rotates each pizza as needed for even baking is considered a direct laborer.

They are involved in the process of making the pizza and directly contribute to the production of the final product.

The worker who takes the customer's order, the worker who delivers the pizza, and the worker who busses and cleans tables are all considered indirect labor.

They are not involved in the production process itself but instead provide support services that are necessary for the business to function.

Therefore the correct answer is option d; worker who monitors the oven and rotates each pizza as needed for even baking.

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Answer:

see the answer

Explanation:

I think It is A

Bad Debts Expense would be recorded for C AED 2,500. This amount is calculated by multiplying the estimated percentage of uncollectible accounts (5%) by the Accounts Receivable balance (AED 50,000) minus the credit balance in the Allowance for Doubtful Accounts (AED 1,000).

To determine the amount of Bad Debts Expense, we need to calculate the estimated uncollectible amount based on the given information. The Accounts Receivable balance of AED 50,000 represents the total amount owed to the company by its customers. The Allowance for Doubtful Accounts is a contra-asset account used to estimate and offset the potential losses from uncollectible accounts. In this case, it has a credit balance of AED 1,000.

To estimate the Bad Debts Expense, we multiply the estimated percentage of uncollectible accounts (5%) by the net Accounts Receivable balance. The net balance is calculated by subtracting the credit balance in the Allowance for Doubtful Accounts (AED 1,000) from the Accounts Receivable balance (AED 50,000). 5% of AED 49,000 (AED 50,000 - AED 1,000) equals AED 2,450. However, since the options provided are rounded, the closest amount is AED 2,500. Therefore, Bad Debts Expense would be recorded for AED 2,500 in this scenario.

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I disagree with the statement. By Closing Off The Financial Account To The Rest Of The World Arcadia (A Fictious Country) Finds It Hard To Maintain High Levels Of Investment.

This strategy would create an environment that encourages local investors to invest in their domestic market, resulting in increased levels of investment within the country. Furthermore, restricting the outflow of capital in the form of foreign investment would contribute to greater economic growth. Despite Arcadia being a fictional country, this concept aligns with basic economic principles.

Closing off the financial account refers to imposing restrictions or controls on the movement of capital in and out of a country. By implementing such measures, Arcadia can regulate and manipulate its domestic investment environment. This creates an advantage by channeling investment into the domestic market and encouraging local investors to contribute to economic development within the country.

It is important to note that these principles apply regardless of whether the country in question is real or fictional. The concept of encouraging local investment and restricting capital outflows to foster economic growth is a fundamental economic principle that can be observed in various countries worldwide.

In conclusion, by closing off the financial account to the rest of the world, Arcadia would be able to maintain higher levels of investment in its domestic market. This would encourage local investors to participate in the country's economic development, leading to increased investment and subsequent economic growth. The fictional nature of Arcadia does not negate the validity of these economic principles, as they are rooted in fundamental concepts of capital flow and investment.

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Answer:

B. depository institution.

Explanation:

Depository financial institutions provide customers with a wide range of financial services. They accept customer's deposits, issue loans, process checks, facilitate local and international payment, among others.

Depository financial services comprise commercial banks that are profits oriented and not-for-profit institutions such as credit unions and thrift institutions. Commercial banks charge a higher interest rate on loan issued than credit unions. However, banks can issue bigger loans than credit unions.

Answer:it’s not B

Explanation:

Got wrong on A.P.E.X

Skeletal muscle fibers are very unusual because they may be: B. a foot or more in length, and each cell contains hundreds of nuclei.

Skeletal muscle is also referred to as voluntary muscle and it can be defined as a type of muscle that's connected with the skeleton by tendons, so as to form a mechanical system that enables the movement of the limbs and other body parts with respect to another.

Generally, skeletal muscle fibers are considered to be very unusual because they may be a foot or more in terms of length, and each cell typically contains hundreds of nuclei.

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He has just gotten a new job with Arrow Research. Juan will be helping define the objectives of marketing research projects in the health care industry, and analyzing and interpreting data. Juan's job is most likely as a Marketing research analyst

Option B is correct

His job responsibilities include defining the objectives of marketing research projects in the health care industry and analyzing and interpreting data.

Marketing research analysts typically have a bachelor's degree and several years of experience in the field. Juan's experience in both marketing research and healthcare industries make him a suitable candidate for this job.

Option B is correct

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Answer:

The use of Bioplastic PLA is more beneficial than the conventional plastics

Explanation:

The bioplastic PLA is more beneficial because of its compostability, less cost, less Carbon dioxide emission when they are manufactured, plant raw materials are used which absorbs Carbon dioxide, renewable energy is utilized, etc. All these benefit which conventional plastics doesn't have, will leave better impact on the environment. Furthermore, the conventional plastic was very hazardous to marine life which PLA is not. So yes, we must use PLA responsibly. Because if we are recycling more and more, then their are fewer plastic in the ocean and less are the chances that marine life gets hurt.

Answer:

net loss of $5,000 and cash outflow from operations of zero in Year 1

Explanation:

The accrual basis refers to the recording of the transactions when it is provided not when the cash is received

Since the accrued expenses is incurred for $5,000 in the year 1 but the cash is paid in the year 2

Based on the accrual accounting, the company would report a net loss for $5,000 and there is an outflow of cash that arise from the operations for the year 1

Therefore the same is to be considered

True. Proximate causation does presuppose the existence of actual or but-for causation. This means that proximate causation cannot exist without actual or but-for causation. Proximate causation is the legal term for an event that is the closest cause of an injury or damage, while actual or but-for causation is the event that directly caused the injury or damage. Without actual or but-for causation, there can be no proximate causation. True

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(a) To find the original principal of the loan, we need to determine the present value of the amount owed ($35,000) after 3 years and 3 months at an interest rate of 2.25% compounded monthly. By using the formula for present value in compound interest calculations, we can solve for the principal amount.

(b) The amount of interest charged on the loan can be calculated by subtracting the original principal from the total amount owed. Since we have already determined the original principal in part (a), we can subtract it from the given amount of $35,000 to find the interest charged.

By solving these calculations, we can determine the original principal of the loan and the amount of interest charged. These values provide insights into the cost of borrowing for the company and help assess the financial impact of the loan.

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Many rapidly growing firms are outsourcing areas like engineering, design, and manufacturing with the use of the internet, thus, developing a(n) inter-firm approach to operations management.

Inter-firm approach can be defined as the type of approach put in place by companies or organization that enables them to analyze themselves or the type of business they does or engage in.

Most companies that tend to make use of this type of approach does that so as to check for any lapses and they find way to improves the lapse which inturn can tend to lead to effective smooth running of their business operation.

Therefore the blank space is inter- firm approach.

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