What is its accounts receivable balance

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1. A company that develops artificial flavorings for candy manufacturers uses research to refine its market offerings. Its studies require participants to make repeated comparisons between pairs of products; in each pair, the products differ on the key attributes of flavoring strength and price. The research approach of this firm is:

latent class analysis.

conjoint analysis.

cluster analysis.

regression analysis.

paired comparison analysis.

2. Inventory $1800, Account receivable $2600, Account payable $1100, Sale $18,250, Cost of good sold $14500. What is the accounts receivable period(or days sales outstanding-DSO)? What is the inventory period (or days supply in inventory-DSI)? (excel formula)

3. Baxley Brothers has a DSO of 46 days, and its annual sales are $5,840,000. What is its accounts receivable balance? Assume that it uses a 365-day year. Round your answer to the nearest cent.

Reference no: EM132066963

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