Business
Business, 08.10.2019 19:00, breemills9552

Han corp's sales last year were $440,000, and its year-end receivables were $52,500. the firm sells on terms that call for customers to pay 30 days after the purchase, but some delay payment beyond day 30. on average, how many days late do customers pay? base your answer on this equation: dso — allowed credit period = average days late, and use a 365-day year when calculating the dso. assume all sales to be on credit. do not round your intermediate calculations.

answer
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 04:10, maddylaugh
Lynch company manufactures and sells a single product. the following costs were incurred during the company’s first year of operations: variable costs per unit: manufacturing: direct materials $ 12 direct labor $ 6 variable manufacturing overhead $ 1 variable selling and administrative $ 1 fixed costs per year: fixed manufacturing overhead $ 308,000 fixed selling and administrative $ 218,000 during the year, the company produced 28,000 units and sold 15,000 units. the selling price of the company’s product is $56 per unit. required: 1. assume that the company uses absorption costing: a. compute the unit product cost. b. prepare an income statement for the year. 2. assume that the company uses variable costing: a. compute the unit product cost. b. prepare an income statement for the year.
Answers: 1
image
Business, 22.06.2019 05:00, nae8048
Which of the following are considered needs? check all that apply
Answers: 1
image
Business, 22.06.2019 06:30, coralaguilar1702
73. calculate the weighted average cost of capital (wacc) based on the following information: the equity multiplier is 1.66; the interest rate on debt is 13%; the required return to equity holders is 22%; and the tax rate is 35%. (a) 15.6% (b) 16.0% (c) 15.0% (d) 16.6% (e) none of the above
Answers: 2
image
Business, 22.06.2019 08:20, cbrewer37
(05.04 mc) a 2012 report from the u. s. surgeon general stated: "another common practice is strategically locating tobacco-related marketing materials where young children will be exposed to them. tobacco industry executives acknowledge that products and advertising should be placed at eye level (pollay 2007), but in california, 48% of stores had at least one cigarette marketing item at or below 3 feet from the floor (feighery et al. 2001)." it was also noted that 25% of cigarette displays were next to candy. in addition, a national study found that about one-third of the stores had tobacco ads at low heights. after california banned counter displays, some stores place cigarettes in transparent displays so product brands could still be seen. why did some stores use transparent units to display the cigarettes? (3 points) to comply with the new rules while still encouraging cigarette purchases via visual exposure to ensure children and minors are not exposed to cigarettes and their eye-catching packaging to minimize exposure to humidity, extending the shelf life of the cigarettes' tobacco to reduce the occurrence of shoplifting, since cigarettes are high-revenue items
Answers: 3
Do you know the correct answer?
Han corp's sales last year were $440,000, and its year-end receivables were $52,500. the firm sells...

Questions in other subjects:

Konu
History, 23.08.2019 22:30