The 2016 income statements of leggett & platt, inc. report net sales of $3,749.9 million. the balance sheet reports accounts receivable, net of $486.6 million at december 31, 2016 and $520.2 million at december 31, 2015. the days sales outstanding in 2016 was:
a. 49 days
b. 10 days
c. 44 days
d. 8 days
e. none of the above

Aceramics manufacturer sold cups last year for $7.50 each. variable costs of manufacturing were $2.25 per unit. the company needed to sell 20,000 cups to break even. net income was $5,040. this year, the company expects the price per cup to be $9.00; variable manufacturing costs to increase 33.3%; and fixed costs to increase 10%. how many cups (rounded) does the company need to sell this year to break even?

Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e. g. -15,000 or parentheses e. g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a