Mathis and hashish are two of the largest and most successful toymakers in the world, in terms of the products they sell and their receivables management practices. to evaluate their ability to collect on credit sales, consider the following information reported in their annual reports (amounts in millions). mathis hashey fiscal year ended: 2015 2014 2013 2015 2014 2013 net sales $ 3,956 $ 3,331 $ 4,118 $ 2,102 $ 2,168 $ 2,222 accounts receivable 1,078 684 810 902 982 554 allowance for doubtful accounts 13 16 17 22 24 23 accounts receivable, net of allowance 1,065 668 793 880 958 531 required: calculate the receivables turnover ratios and days to collect for mathis and hashey for 2015 and 2014. tip: in your calculations, use average accounts receivable, net of allowance. (use 365 days in a year. do not round intermediate calculations on accounts receivable turnover ratio. round your final answers to 1 decimal place. use final rounded answers from accounts receivable turnover ratio for days to collect ratio calculation.) 2-a. which of the companies was quicker to convert its receivables into cash in 2015

Plz i have no idea what a cover letter is can u guys explain it to me write a letter to the address below. you are responding to an advertisement from the willamette company for a job opening as an office assistant. you did some research and learned that the person to whom the application should be sent is ms. katrina n. d. waives. you are going to enclose a résumé and three letters of reference. your résumé will have details about your qualifications, so you should just give a brief but inviting overview of them here. in addition, your letter will include a very important paragraph that is not normally a part of a business letter. you will tell what format you are using for your letter where you got the information on this format. address of the willamette company: 355 buck hill road, portland, oregon 48792.

If a firm plans to issue new stock, flotation costs (investment bankers' fees) should not be ignored. there are two approaches to use to account for flotation costs. the first approach is to add the sum of flotation costs for the debt, preferred, and common stock and add them to the initial investment cost. because the investment cost is increased, the project's expected return is reduced so it may not meet the firm's hurdle rate for acceptance of the project. the second approach involves adjusting the cost of common equity as follows: . the difference between the flotation-adjusted cost of equity and the cost of equity calculated without the flotation adjustment represents the flotation cost adjustment. quantitative problem: barton industries expects next year's annual dividend, d1, to be $1.90 and it expects dividends to grow at a constant rate g = 4.3%. the firm's current common stock price, p0, is $22.00. if it needs to issue new common stock, the firm will encounter a 6% flotation cost, f. assume that the cost of equity calculated without the flotation adjustment is 12% and the cost of old common equity is 11.5%. what is the flotation cost adjustment that must be added to its cost of retaine

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.