During the current accounting period, revenue from credit sales is $771,000. The accounts receivable balance is $52,480 at the beginning of the period and $62,200 at the end of the period. Which of the following statements is correct? a. The receivables turnover ratio is 12.9.
b. On average, it takes 12.9 days to collect payment from credit customers.
c. The receivables turnover ratio is 28.3.
d. On average, the company sells its inventory every 28.3 days.

Comprehensive illustrative problem: mira's store on february 1 20a4 mica delaman opened astore that sells school supplies her main customer are the students and teachers of happy students school that is situated in front of her store. mira wanted to know the financial position of mira's store. mira knew you were studying accounting. so she asked for . 1. to start her business mira's opened a checking account in the name of mira's store . the statement of account from the bank shows that the checking account has a balance of 31,535 of december 31,20a4

Do a swot analysis for the business idea you chose in question 2 above. describe at least 2 strengths, 2 weaknesses, 2 opportunities, and 2 threats for that company idea.

Anita has been named ceo of a popular sports apparel company. as ceo, she is tasked with setting the firm's corporate strategy. which of the following decisions is anita most likely to makea) whether to pursue a differentiation or cost leadership strategy b) which customer segments to target c) how to achieve the highest levels of customer satisfaction d) what range of products the firm should offer