16 Omar provided the following information relating to his trade payables ledger control account for the month ended 30 November 2019.
At 1 November 2019
Credit balances
46 935
Debit balances
290
For the month of November 2019
Cash purchases
2650
Credit purchases
36 940
Discount received
612
Interest charged
266
Payments to credit suppliers
32 418
Returns outwards
358
Trade receivables ledger set off
220
At 30 November 2019
Debit balances
135

Which of the following occupations relate to a skill category of words and literacy

Garcia industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. the industry average dso is 27 days, based on a 365-day year. if the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant? a. $241.45b. $254.16c. $267.54d. $281.62e. $296.44

Cherokee inc. is a merchandiser that provided the following information: amount number of units sold 20,000 selling price per unit $ 30 variable selling expense per unit $ 4 variable administrative expense per unit $ 2 total fixed selling expense $ 40,000 total fixed administrative expense $ 30,000 beginning merchandise inventory $ 24,000 ending merchandise inventory $ 44,000 merchandise purchases $ 180,000 required: 1. prepare a traditional income statement. 2. prepare a contribution format income statement.