subject
Business, 13.03.2020 05:55 PastyMexican24

A company's sales amount increases. Which of the following statements is most correct regarding the ratio Days Sales in Receivables?Group of answer choicesa. Days sales in receivables will go up if accounts receivable stays the sameb. Days sales in receivables will go down if accounts receivable stays the samec. None of the above are correctd. Days sales in receivables will stay the same if accounts receivable stays the same

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 10:30
The card shoppe needs to maintain 21 percent of its sales in net working capital. currently, the store is considering a four-year project that will increase sales from its current level of $349,000 to $408,000 the first year and to $414,000 a year for the following three years of the project. what amount should be included in the project analysis for net working capital in year 4 of the project?
Answers: 3
question
Business, 22.06.2019 20:00
During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above
Answers: 3
question
Business, 22.06.2019 20:20
As you have noticed, the demand for flip phones has drastically reduced, and there are only a few consumer electronics companies selling them at extremely low prices. also, the current buyers of flip phones are mainly categorized under laggards. which of the following stages of the industry life cycle is the flip phone industry in currently? a. growth stage b. maturity stage c. decline stage d. commercialization stage
Answers: 2
question
Business, 23.06.2019 01:00
Apopular low-cost airline, parson corp., has gone out of business. although the service and price provided by the airline was what customers wanted, the larger airlines were able to drive the low-cost airline out of business through an aggressive price war. which component of the competitive environment does this illustrate?
Answers: 3
You know the right answer?
A company's sales amount increases. Which of the following statements is most correct regarding the...
Questions
question
Social Studies, 04.02.2021 01:00
question
Mathematics, 04.02.2021 01:00
question
Physics, 04.02.2021 01:00
question
Mathematics, 04.02.2021 01:00
question
Social Studies, 04.02.2021 01:00
Questions on the website: 13722362