Using the information below, calculate the Average Collection Period/Average Days Sales in Receivables ratio. Account Name Amount
Net Sales $303,000
Wage Expense $37,000
Interest Expense $5,000
Cost of Goods Sold $164,000
Bad Debt Expense $28,000
Net Accounts Receivable at the beginning of the year: $45,000
Net Accounts Receivable at the end of the year: $85,000
Inventory at the beginning of the year: $73,000
Inventory at the end of the year: $90,000
a. $86,000
b. 80.107
c. 89.237
d. 224.745
e. 712.195
f. 118.088

James albemarle created a trust fund at the beginning of 2016. the income from this fund will go to his son edward. when edward reaches the age of 25, the principal of the fund will be conveyed to united charities of cleveland. mr. albemarle specified that 75 percent of trustee fees are to be paid from principal. terry jones, cpa, is the trustee. james albemarle transferred cash of $500,000, stocks worth $400,000, and rental property valued at $250,000 to the trustee of this fund. immediately invested cash of $360,000 in bonds issued by the u.s. government. commissions of $7,900 are paid on this transaction. incurred permanent repairs of $9,000 so that the property can be rented. payment is made immediately. received dividends of $8,000. of this amount, $3,000 had been declared prior to the creation of the trust fund. paid insurance expense of $4,000 on the rental property. received rental income of $10,000. paid $8,000 from the trust for trustee services rendered. conveyed cash of $7,000 to edward albemarle.

Arestaurant that creates a new type of sandwich is using (blank) as a method of competition.

Kendra knight took part in a friendly game of touch football. she had played before and was familiar with football. michael jewett was on her team. in the course of play, michael bumped into kendra and knocked her to the ground. he stepped on her hand, causing injury to a little finger that later required its amputation. she sued michael for damages. he defended on the ground that she had assumed the risk. kendra claimed that assumption of risk could not be raised as a defense because the state legislature had adopted the standard of comparative negligence. what happens if contributory negligence applies? what happens if the defense of comparative negligence applies?