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Question - Wells and excavation currently generates $72,000 in annual credit sales. Awe sells on terms of net 50, and its accounts receivable balance averages $12,000. Awe is considering a new credit policy with terms of net 25. Under the new policy sales will decrease to 68,000, and accounts receivable will average $13,600. Compute the days sales outstanding (DSO) under the existing policy and the proposed policy.
georgia company borrowed 600000 from a bank on may 1 2007. the bank required a return of 12 on the loan. the loan is to
What is the difference between cash and accrual accounting? Which basis of accounting do most companies use, cash or accrual? Why? Which method is approved by GAAP? Why?
Explain if there is generally a consensus or if there is disagreement between the commenting parties. Examine in detail why some parties may have a dissenting point of view - Analyse the assumptions behind public interest, private interest and cap..
The following information pertains to Kingbird Company. What is Kingbird's payout ratio
in 2009 quasar ltd. acquired all of the common stock of penlight laser for 124 million. the fair value of penlights
Discuss the weight of the temporary regulation and what issues may strengthen or weaken the temporary regulation
how many observations would you expect in the favorite meal category being steak and the gender being male assuming
Discuss the factors to be considered in determining when revenue should be recognized in measuring the income of a business enterprise.
a company has a decision to make between two investment alternatives. the company requires a 10 return on investment.
assume green leaf nursery anticipated sales of 500 in the first quarter. accounts receivable at the beginning of the
After reading the articles, Are honor killings simply domestic violence? and ‘Honour' crimes are domestic abuse, plain and simple, please respond to each of the following questions:
Estimate the net present value of the project if this form of country risk occurs - Estimate the NPV of this project based on the expectation of 10 million euros in receivables.
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