the financial statements of the novak corp. report net sales of $300000 and accounts receivable of $55200 and $27600 at the beginning of the year and the end of the year, respectively. What is the average collection period for accounts receivable in days?

Answers

Answer 1

Answer:

50.34 days

Step-by-step explanation:

The computation of the average collection period is shown below:

But before that the account receivable turnover ratio would be determined

Account receivable turnover ratio is

= ($300,000) ÷ ($55,200 + $27,600) ÷ 2

= $300,000 ÷ $41,400

= 7.25 times

Now the average collection period is

= 365 days ÷ 7.25

= 50.34 days

Here we assume that there are 365 days in a year


Related Questions

Divide 0.0844 /(-0.72) and round to the nearest hundreths

Answers

Answer:

-0.12

Step-by-step explanation:

0.0844/(-0.72)=-0.11722222222

-0.11722222222 rounded to the nearest hundredths in -0.12

Answer:

- 0.11722222222

Step-by-step explanation:

- 0.0844 ÷ - 0.72 = - 0.11722222222

(NO LINK) Elizabeth has a piece of ribbon that is 6.3 meters long. She wants to cut it into pieces that are 0.3 meters long. How many pieces of ribbon did she have?

please explain

Answers

21 pieces of ribbon

Step-by-step explanation:

6.3/0.3= 21

(5, -1) and (0,5). Find the slope

Answers

*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆**☆*――*☆*――*☆*――*☆

Answer: 6/-5

Explanation:

I hope this helped!

<!> Brainliest is appreciated! <!>

- Zack Slocum

*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆*――*☆**☆*――*☆*――*☆*――*☆

The slope is m= negative 6/5

Which sentence represents the perimeter
of a square?
A. length x width =P
B. (length x width) x 2 =P
C. length + length + width + width =P
D. (length + length) x (width + width) = P

Answers

Answer:

c

Step-by-step explanation:

A square piece of paper is folded in half vertically. If the resulting figure has a perimeter of 12 cm what was the area of the original square

Answers

Answer:

24cm

Step-by-step explanation:

6+6+6+6=24

12 is half so you should add 12 or multiply by 2

A hotel restaurant has a 75% customer approval rating for its service. The restaurant has a 60% customer approval rating for its service and its food. What is the probability that a restaurant customer approves of the food if he or she approves of the service?

Answers

The probability that a restaurant customer approves of the food given that they already approved of the service is 0.8, or 80%.

What is probability?

Probability can be defined as the ratio of favorable outcomes to the total number of events.

Let's use Bayes' theorem to solve this problem.

= P(approves of food | approves of service)

By Bayes' theorem, we can express this probability in terms of the probabilities of approving of the service and the food separately:

P(approves of food | approves of service) = P(approves of service and food) / P(approves of service)

We know that the overall customer approval rating for the service is 75%, so:

P(approves of service) = 0.75

We also know that the customer approval rating for both the service and the food is 60%, so:

P(approves of service and food) = 0.60

Substituting these values into the formula, we get:

P(approves of food | approves of service) = 0.60 / 0.75

P(approves of food | approves of service) = 0.8

Therefore, the probability that a restaurant customer approves of the food given that they already approved of the service is 0.8, or 80%.

Learn more about probability here:

brainly.com/question/14290572

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Suppose that P dollars in principal is invested in an account earning 2.1% interest compounded continuously. At the end of 2 yr, the amount in the account has earned $193.03 in interest.
A) Find the original principal.
B) Using the the original principal from part (a) and the model A = Pe", determine the time required for the investment to reach $6000.

Answers

Answer:

See explanation

Step-by-step explanation:

Recall that

Amount = Principal + Interest

The formula is;

A = P(1 + r)^n

Where;

P= principal, n = time and r = rate

Hence;

P + I =  P(1 + r)^n

P + 193.03 = P(1.021)^2

P + 193.03 = 1.04P

P - 1.04P = -  193.03

-0.04 P =  -  193.03

P = 193.03/0.04

P = $ 4825.75

B) When A = $6000, n=?

From;

A=   P(1 + r)^n

6000 = 4825.75 (1.021)^n

6000/4825.75 = (1.021)^n

1.24 =  (1.021)^n

Taking logarithm of both sides;

log 1.24 = n log 1.021

n = log 1.24/log 1.021

n = 0.0934/0.009

n = 10 years

The median of these numbers is
how much less than the mean?
1.5, 0.6, 0.7, 0.85, 5.3

Answers

Answer:

The median of the numbers is 3.66 less than the mean

Step-by-step explanation:

To find the median, find the middle of the numbers

0.6, 0.7, 0.85, 1.5, 5.4

To find the mean, add all the numbers and divide by the number of numbers

0.6 + 0.7 + 0.85 + 15 + 5.4 = 22.55

22.55/5 = 4.51

To find how less, subtract the median from the mean

4.51 - 0.85 = 3.66

I need help understanding this and how to do it :)​

Answers

Answer:

[tex]the \: shaded \: area = \frac{28}{2} = 14 \: {in}^{2} [/tex]

Step-by-step explanation

so the total are is 28in². it tells you to find the shaded area of the triangle, which is half of the triangle

y=-3x+5
5x-4=-3
solve for x and y

Answers

Answer:

y = 4.4

x = 1/5

Step-by-step explanation:

5x -4 = -3

5x -4 +4 = -3 +4

5x = 1

x = 1/5

y = -3(1/5) + 5

y = 4.4

Y = 4.4 and x = 1/2 I think I’m not very good at math so I’m sorry if it is wrong.

Please help thanks! I'll make brainliest

Answers

Answer:

48m²

Explanation:

since 3cm represents 4m, the width of the dining hall would be 4m. its length on the drawing is 9cm, which is 3 times of 3cm, so we can also multiply 4m by 3 to find the real length of the dining hall. this would give us 12m.

3cm : 4m

(multiply both by 3)

9cm : 12m

now, we can calculate the area of the dining hall using the equation 12m × 4m = 48m².

i hope this helps! :D

How are translations and reflections represented as a function?​


will give brainly and everything

Answers

Answer:

Step-by-step explanation:

A vertical reflection is given by the equation y=−f(x) and results in the curve being "reflected" across the x-axis. A horizontal reflection is given by the equation y=f (−x) and results in the curve being "reflected" across the y-axis. You can see that the reflections are presented in the terms of a function.

As for translations, the function would just increase or decrease based on the translations.  

In translation the graph of function moves certain distance and in reflection the graph of function reflected along the axis of reflection.

What is translation?

"It is a transformation in which the graph of function is moved from one location to another location without changing its size, shape or orientation."

What is reflection?

"It is a transformation in which the graph of function is reflected along the line of reflection."

What is function?

"It defines a relation between input and output values"

Consider a function f(x).

Translations in function f(x):

1) When function f(x) is transformed to f(x) + k, it means function f(x) is translated vertically up by 'k' units.

2) When function f(x) is transformed to f(x) - k, it means function f(x) is translated vertically down by 'k' units.

3) When function f(x) is transformed to f(x + k), it means function f(x) is translated horizontally left by 'k' units.

4) When function f(x) is transformed to f(x - k), it means function f(x) is translated horizontally right by 'k' units.

Now consider reflections in function f(x):

1) When function f(x) is transformed to -f(x) , it means function f(x) is reflected over X-axis.

2) When function f(x) is transformed to f(-x) , it means function f(x) is reflected over Y-axis.

Therefore, in translation the graph of function moves certain distance and in reflection the graph of function reflected along the axis of reflection.

Learn more about the function transformation here:

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Let O be a quadrant I angle with cos(0) ✓11/7 Find sin(20).​

Answers

Answer:

[tex]\displaystyle \sin(2\theta)=\frac{2\sqrt{418}}{49}\approx0.8345[/tex]

Step-by-step explanation:

We are given that:

[tex]\displaystyle \cos(\theta)=\frac{\sqrt{11}}{7}[/tex]

Where θ is in QI.

And we want to determine sin(2θ).

First, note that since θ is in QI, all trig ratios will be positive.

Next, recall that cosine is the ratio of the adjacent side to the hypotenuse. Therefore, the adjacent side a = √(11) and the hypotenuse c = 7.

Then by the Pythagorean Theorem, the opposite side to θ is:

[tex]b=\sqrt{(7)^2-(\sqrt{11})^2}=\sqrt{49-11}=\sqrt{38}[/tex]

So, with respect to θ, the adjacent side is √(11), the opposite side is √(38), and the hypotenuse is 7.

We can rewrite as expression as:

[tex]\sin(2\theta)=2\sin(\theta)\cos(\theta)[/tex]

Using the above information, substitute. Remember that all ratios will be positive:

[tex]\displaystyle =2\Big(\frac{\sqrt{38}}{7}\Big)\Big(\frac{\sqrt{11}}{7}\Big)[/tex]

Simplify. Therefore:

[tex]\displaystyle \sin(2\theta)=\frac{2\sqrt{418}}{49}\approx0.8345[/tex]

The table shows the probabilities of winning or losing when the team is playing away or is playing at home.
home. away. total
Win: 056. 0.24. 0.8
Loss: 0.14. 0.06. 0.2
Total: 0.7. 0.3. 1.00

a) are the events 'winning' and 'playing at home' independent? show your calculations to justify why or why not.
b) Are the events "losing" and "playing away" independent? show your calculations to justify why or why not.​

Answers

Answer:

Use numbers from respective cells of the table for calculations

a) Are the events 'winning' and 'playing at home' independent?  

p(winning and playing at home) = 0.56 p(winning)*p(playing at home) = 0.8*0.7 = 0.56

Since the probabilities are same, the events are independent

b) Are the events "losing" and "playing away" independent?

p(losing and playing away) = 0.06p(losing)*p(playing away) = 0.2*0.3 = 0.06

Since the probabilities are same, the events are independent

Find the measurement of angle x ?

Answers

80 degrees, we know this because they game you the angle measurement just at a higher point in the angle/ circle.

A water tank already contains 55 gallons of water when Baxter begins to fill it. Water flows into the tank at a rate of 8 gallons per minute. Write a linear equation to model this situation. Find the volume of water in the tank 25 minutes after Baxter begins filling the tank.

Answers

Answer:

y=8x+55

255 gallons

Step-by-step explanation:

Linear equation: y=mx+b

In this equation you can go ahead and start off with your Y intercept (b) which is where you begin and you begin with 55 gallons. As for the m and x section in the linear equation your m is how much it increases at a constant rate in a minute and that will be eight so you can go ahead and put 8 and then X which is the amount of minutes.

To figure out how many gallons there are in 25 minutes you can use the same equation so you can multiply 8 which is the amount of gallons per minute * 25 and that gives you 200 then you can go ahead and add the y-intercept which is 55 and that gives you 255 gallons in 25 minutes.

Pls answer its khan academy

Answers

Answer:

[tex]f(x)=9*\frac{5}{3}^x[/tex]

Step-by-step explanation:

When x equals 0, that means a is going to be multiplied by 1 since any number to the power of 0 is 1, so [tex]f(0)=a=9[/tex]. When x equals 1, that means that [tex]f(1) = 9b=15[/tex], so [tex]b=\frac{15}{9} =\frac{5}{3}[/tex]. This means that the equation should be [tex]f(x)=9*\frac{5}{3}^x[/tex].

How much energy points you have on KA? I have 3, 736,486 points.

the expenditure for one day excursion for 17 students is rupees 7225 find how much amount each student has to pay?​

Answers

You just have to divide 7225/ 17=425! There u go!

Write an equation of the line with a slope of i and a y-intercept of -2.
4
An equation is y =
STEP BY STEP EXPLANATION PLEASE

Answers

Step-by-step explanation:

y = mx + b. where m is the slope and b is the y intercept

y = 3/4x - 2

PLZ HELP
Write a real-world situation that can be represented by a linear relationship.

Answers

Answer:

A real world situation could be: Holden is walking to school for his basketball game.

He lives 10 blocks from school. Holden walks 6 blocks in 4 minutes, but then realizes that he forgot his jersey. He runs back home in 2 minutes and spends 2 minutes finding his jersey at home. Finally, he runs 5 blocks every 2 minutes until he reaches school. And a good example/photo would be: (down below)

Step-by-step explanation:

I hope this helps! brainliest?

What is the first step in solving this problem:
-12 ÷ 6 (-3) + 8
WILL GIVE BRANLIEST

Answers

Answer:

first step is to divide -12 by 6

Step-by-step explanation:

The first step would be to divide -12 by 6

-12/6 = -2

-2(-3) = 6

6 + 8 = 14

Helllpppp i’ll give brainliest

Answers

Answer:

The two triangles are related by A - S - A test of similarity , so the triangles are congruent.

If the volume of a sphere is 660 mm, what is the radius of the sphere, to the nearest tenth of a millimeter?

Answers

Answer:

Radius= 5.4

Step-by-step explanation:

Formula for Sphere- V= 4/3(pi)• r^3

r=(3 V/4 pi) = (3•660/4•pi)= 5.40114 (5.4)

7. Find the measure of x.

Answers

Answer:

37

Step-by-step explanation:

Here the 2 angles are the same. So

74 = 2x

74/2 = x

x = 37

Answer ;

2x + 74 = 180 2x = 180 - 74 = 106 x = 160/2

( refer the attachment for the division )

hence , x = 53

hope my answer helps you !!

Explain with words

Why is -7^2 not equal to 49?


Please help me

Answers

Because it is -(7 x 7)
Not (-7 x -7)

Aaron is designing a party game in which he needs exactly 24 possible outcomes. Which sets of actions can he use to have a statistically fair
game?

Answers

Answer:

Counting from the top:

fist option

fourth option

fifth option.

Step-by-step explanation:

Any set that has a multiplicative outcome, such that the total number of outcomes is 24.

Remember that if we have a combination of two events, one with N outcomes and the other with M outcomes, the total number of outcomes is:

M*N

This is the main thing we need to see.

Let's analyze each option:

1) flip a coin (2 outcomes)

  flip a coin again (2 outcomes)

  roll a 6 sided dice ( 6 outcomes)

total number of outcomes:

2*2*6 = 24

2) Selecting a number from 1 to 16 (16 outcomes) and rolling a dice of 8 sides (8 outcomes).

The total number of outcomes is:

8*16 = 128

We wanted only 24.

3) Selecting a number from the set {1, 3, 5, 7, 9} (5 outcomes)

   flip a coin (2 outcomes)

   flip the coin again (2 outcomes)

total number of outcomes:

2*2*5 = 20

We wanted 24, we can discard this.

4) Spin the thing (3 outcomes)

   roll an 8-sided dice (8 outcomes)

Total number of outcomes:

8*3 = 24

This is a correct option.

5) Select a card from A to D (4 outcomes)

Roll the thing (6 outcomes)

total number of outcomes:

6*4 = 24

This is a correct option.

6) Select a card from A to N {14 options}

   Roll the thing once (10 outcomes)

Total number of outcomes:

14*10 = 140

We wanted 24, so we can discard this option.

Then the correct options are:

first one, fourth one, and fifth one.

Emily surveyed 364 people with 3 out of 7 answered yes

Answers

whats is the question?

This Is A Grade! Please Help Answer Any Of These. (PLEASE)

Answers

Answer:

1. 85 in squared

Work: b=17 h=10

17*1/2=8.5

8.5*10=85

2. 142.5 mm squared

Work:b=15 h=19

15*1/2=7.5

7.5*19=142.5

3. 110.5 mm squared

Work:b=17 h=13

17*1/2=8.5

8.5*13=110.5

4. 9km squared

Work:b=2 h=9

2*1/2=1

1*9=9

5. 924 mm squared

Work:b=77 h=24

77*1/2=33.5

33.5*24=924

6. 104.5 m squared

Work: b=19 h=11

19*1/2=9.5

9.5*11=104.5

Step-by-step explanation:

Answer:

1. 10x17=170

170/2=85in

2. 19x15=285

285/2=142.5mm

3. 13x17=221

221/2=110.5mm

4. 9x2=18

18/2= 9km

5. 24x77=1,848

1,848/2=924mm

6. 11x19=209

209/2=104.5m

The value of the company divided by 96884 shares

Answers

Answer:

1123222

Step-by-step explanation:

The U Gym provides weight resistance through adjustments of incline. The minimum weight resistance is 8​% of the weight of the person using the U Gym. Find the minimum weight resistance possible for a 240-pound man.

The minimum weight resistance possible for a 240​-pound man is
pounds.
​(Type a whole number or a​ decimal.)

Answers

Answer:

The minimum weight resistance possible for a 240-pound man is 19.2 pounds.

Step-by-step explanation:

Since the U Gym provides weight resistance through adjustments of incline, and the minimum weight resistance is 8% of the weight of the person using the U Gym, to find the minimum weight resistance possible for a 240-pound man the following calculation:

240 x 8/100 = X

1,920 / 100 = X

19.2 = X

Thus, the minimum weight resistance possible for a 240-pound man is 19.2 pounds.

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