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7.The firm has an inventory period of 84.6 days, an accounts payable period of 43.2 days, and an accounts receivable period of 41.7 days. Management is considering an offer from their suppliers to pay within 10 days and receive a discount of 2 percent. If the new discount is taken, the accounts payable period is expected to decline by 30.4 days. What will be the new operating cycle given the change in the payables period
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Please help ASAP! I will mark Brainliest! Please READ the question THEN answer CORRECTLY! No guessing!
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What does the phrase "Revenue is recognized at the point of sale" mean? a.Revenue is recorded in the accounting records when the goods are received from a supplier and reported on the income statement when sold to the customer. b.Revenue is recorded in the accounting records when the goods are sold to a customer and reported on the income statement when the cash payment is received from the customer. c.Revenue is recorded in the accounting records and reported on the income statement when goods are sold and delivered to a customer. d.Revenue is recorded in the accounting records and reported on the income statement when the cash is received from the customer.
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Complete the solution of the equation. Find thevalue of y when x equals o.6% - 2y = 14Enter the correct answerOODBONE
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C Corporation is investigating automating a process by purchasing a machine for $792,900 that would have a 9 year useful life and no salvage value. By automating the process, the company would save $132,500 per year in cash operating costs. The new machine would replace some old equipment that would be sold for scrap now, yielding $21,100. The annual depreciation on the new machine would be $88,100. The simple rate of return on the investment is closest to (Ignore income taxes.):
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Swifty Corporation had 210000 shares of common stock, 19400 shares of convertible preferred stock, and $603000 of 9% convertible bonds outstanding during 2021. The preferred stock is convertible into 40700 shares of common stock. During 2021, Swifty paid dividends of $0.54 per share on the common stock and $1.80 per share on the preferred stock. Each $1,000 bond is convertible into 45 shares of common stock. The net income for 2021 was $364000 and the income tax rate was 35%. Required:1. Basic earnings per share for 2021 is ___________(rounded to the nearest penny).
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An employee earns $5,550 per month working for an employer. The FICA tax rate for Social Security is 6.2% of the first $128,400 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. The employee has $184 in federal income taxes withheld. The employee has voluntary deductions for health insurance of $152 and contributes $76 to a retirement plan each month. What is the amount of net pay for the employee for the month of January
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Your job as a researcher for a college is going well. You have gained confidence and skill at pulling data and you are not making as many rookie mistakes. The college executives are begging to take notice of your skills. The college has had serious problems with reporting in the past for several reasons. One problem is there was no centralized department for numbers. Human Resources did some reporting, financial aid another, and the rest was covered by the registrars office. It was difficult to determine simple things like number of students enrolled in the fall semester because different departments would generate different. The higher ups want one consistent number they can rely on and they think your department should be in charge of generating that number. As the first report as the official office numbers they want you to generate a report that tracks student demographics over time (a longitudinal study). Your college has a large percentage of its student body who are affiliated with the military (active duty military, retired military, military spouse, military dependent). For this study the college executives want to see how they stack up to other colleges that have a large percentage of military students. After doing some research you find a field in the database that named mil_status. The documentation you have on the field says this is the field you are looking for. Since you need to determine when the student was in the military to generate this report you look for a start and end date associated with mil_status. Sure enough the table also has a mil_status_start and a mil_status_end field. These fields when combined with enrollment data allow you to determine if a student was in the military when they were a student. You query the data to check for bad dates and discover a serious issue. Most of the start dates and end dates are NULL. You once again make some quick phone calls to find out whats going on. It seems this field is not populated unless the college receives official paperwork from the military listing the soldiers enlistment date. In addition to this you find out that students are not required to update their information ever semester. This means once their mil status is set it is unlikely to ever change. Based on this information prepare a post that addresses the following: 1) What recommendation(s) would you make to the colleges executives to address this issue? 2) Collecting this data will have tangible and intangible costs associated with it. For example requiring official paper work adds an extra burden on registration and on the student. Students may decide to go elsewhere instead of supplying the paperwork or may stop identifying themselves as military. The executives want the data but they dont want its collection to impact enrollment or place an undue burden on registration (the line is long enough already). How would you respond to these concerns?3) You noticed something odd in the mil_Status field. The possible values are "Active Duty Military", "Military spouse", "Retired military", "Military Reserves", and "Military dependent". In what way is this field problematic? How could you fix it?
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Peng Company is considering an investment expected to generate an average net income after taxes of $2,600 for three years. The investment costs $54,000 and has an estimated $7,200 salvage value. Assume Peng requires a 10% return on its investments. Compute the net present value of this investment. Assume the company uses straight-line depreciation. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Negative amounts should be indicated by a minus sign.)
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Grant Company gathered the following reconciling information in preparing its July bank reconciliation: Cash balance per books, 7/31 $3,500 Deposits in transit 150 Notes receivable and interest collected by bank 850 Bank charge for check printing 20 Outstanding checks 2,000 NSF check 170 The adjusted cash balance per books on July 31 is a. $4,160. b. $4,010. c. $2,310. d. $2,460.
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Your client has $80,000 invested in stock A. She would like to build a two-stock portfolio by investing another $80,000 in either stock B or C. She wants a portfolio with an expected return of at least 15% and as low a risk as possible, the standard deviation must be no more than 25%. Expected Return Standard Deviation Correlation With A A 18% 30% 1.0 B 17% 25% 0.3 C 15% 15% 0.4_____
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A Sense of Proportion: Saturn is about 60,000 km in radius, and its rings are only about 0.01 km thick with ripples 100m high. Design a really big model with Saturn 60 inches in radius (10 feet in diameter). How thick must the rings be in your model and how high can the ripples be
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g Tanning Company analyzes its receivables to estimate bad debt expense. The accounts receivable balance is $276,000 and credit sales are $1,000,000. An aging of accounts receivable shows that approximately 3% of the outstanding receivables will be uncollectible. What adjusting entry will Tanning Company make if the Allowance for Doubtful Accounts has a credit balance of $2,200 before adjustment?
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How have humans affected the environment?
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Charless law states that if the pressure of a dry gas is held constant, then the volume V of the gas and its temperature T, measured in degrees Kelvin, satisfy the relationship V=cT, where c is a constant. Which of the following best describes the relationship between the rate of change, with respect to time t, of the volume and the rate of change, with respect to time t, of the temperature?a) dV/dt = T dc/dtb) dV/dt = c * dT/dtc) dV/dT = cd) 1 = c * dT/dV
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What is classification writing?A. informative writing that shows the differences between ideas and objects that share certain characteristicsB. informative writing that analyzes the disadvantages of grouping together different ideas and objectsC. informative writing that groups objects, people, events, or ideas together based on similar traitsD. informative writing that provides basic information about different events, ideas, and objects
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23. A popular brand of AAA batteries has an effective use time of 12.3 hours, on average. A startup company claims that their AAA batteries last longer. The startup company tested 24,000 of their new batteries and computed a mean effective use time of 12.32 hours. Although the difference is quite small (72 secondsor just over a minute), the effect was statistically significant (P-value < 0.0001).It is appropriate to conclude which of the following? A) The startup company has strong evidence that their AAA batteries last longer, on average. B) The startup company has moderate evidence that their AAA batteries last longer, on average. C) The startup company has proved that their AAA batteries last longer, on average. D) None of the answer choices are correct. With such a large sample size, statistically significant results may not be of any practical importance.
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How does this climax connect to the theme "Evil cannever truly hide itself'?O By breaking down the door, Poole and Mr. Uttersonare finally able to find Dr. Jekyll.10 By breaking down the door, Poole finally revealshis destructive instincts.10 By breaking down a door, Mr. Utterson and Poolefinally reveal the evil character, Mr. Hyde.
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Can you send the integers worksheet question and answer for 6th grade
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Today, Social Networking and Social Analytics are heavily used by businesses and companies externally for the marketing of products and services to their customers and customer feedback. How can Social Networking and Social Analytics implemented within a workforce for collaboration and knowledge sharing be useful
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Please help asap! Will give brainliest! Please read the question then answer correctly! No guessing.
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The cost for a pack of 9 padlock is $25.20 find the unit price in dollars per padlock if necessary round your answer to the nearest cent.
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What Value if n makes the equation true 1/2(n + 4)=6
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Please help Choose the correct form of quel to complete the following sentences:animaux peut- on voir? QuelsQuellesQuelQuelle
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