Oliveras Company had net credit sales during the year of $800,000 and cost of goods sold of $500,000. The balance in accounts receivable at the beginning of the year was $100,000, and the end of the year it was $150,000. What were the accounts receivable turnover and the average collection period in days? a. 6.4 and 57 days. b. 4.0 and 91.3 days. c. 5.3 and 68.9 days. d. 8.0 and 45.6 days.
Answer:
a. 6.4 and 57 days
Explanation:
The computation of the accounts receivable turnover and the average collection period in days is shown below;
The account receivable turnover is
= $800,000 ÷ ($100,000 + $150,000) ÷ 2
= 6.4 times
And, the average collection period is
= 365 days ÷ 6.4 times
= 57 days
Therefore the a option is correct
In business-related systems, ________ is becoming increasingly important as text-based applications such as electronic mail, bulletin boards, and information services are more widely used. Group of answer choices
Answer:
A) Textual output
Explanation:
Text output is the common type of the graphic output that could be found within the client area. it is applied by the applications in various ways
It can be worked for two things i.e. forming the text and in actual draw the text
In the given case the text based application like electronic mail, information service would be used so here the textual output should be choose for the same
Which product would most likely be considered inherently unsafe?
A. A bathroom cleaner
B. A garden hose
C. A bookshelf
D. A lamp
Answer:
c
Explanation:
bell kung matutong ba yung bookshelf
The product that would most likely be considered inherently unsafe depends on various factors such as its intended use, design, and potential hazards associated with its usage. Hence option C is correct .
Which product would most likely be considered inherently unsafe?Among the options provided, a bathroom cleaner would most likely be considered inherently unsafe. This is because most bathroom cleaners contain powerful chemicals such as bleach, ammonia, and acids that can cause serious health hazards if not used properly.
These chemicals can cause skin irritation, respiratory problems, and even chemical burns if they come into contact with the skin or eyes.
Furthermore, bathroom cleaners are often stored in containers that may not be child-resistant, which can pose a serious risk of accidental ingestion or exposure. This can result in poisoning, and in severe cases, even death.
While the other options provided, such as a garden hose, bookshelf, and lamp, can also pose risks if not used properly or designed poorly, they are generally considered safer than bathroom cleaners.
A garden hose may pose a tripping hazard if not stored properly, a bookshelf may fall if overloaded, and a lamp may pose an electrical hazard if damaged, but these risks can be mitigated through proper use and maintenance.
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Brant promised to repair Carolyn's car on Thursday. After picking up the necessary part at a junkyard, he discovered he could not do the job after all and that the junkyard would not buy back the part. Carolyn does not know about these developments. However, she thinks Brant will be finished with her car sometime today. What should Brant do
Assume that one year ago, you bought 260 shares of a mutual fund for $19 per share and that you received an income dividend of $0.14 cents per share and a capital gain distribution of $0.24 cents per share during the past 12 months. Also assume the market value of the fund is now $15 a share. Calculate the total return for this investment if you were to sell it now.
Answer:
The ROI is 1040.38 with Distributions and Dividends included if you sell it now.
Explanation:
[tex]260*19=$4940, cost is $4940\\0.14+0.24=0.38 \ in\ distributions/dividends\\260*15=3900, sale\ price \ is 3900\\(4940-3900)+0.38=1040.38[/tex]
Hope this helped!
Edit: This answer doesn't account for any fees, since you didn't list any fees. The only mutual funds that I know of without fees are index funds run by big financial institutions.