Receivables turnover - Study guides, Class notes & Summaries

BEC Formulas Exam Questions & Answers 2024/2025 Reorder Point - ANSWERSAVG Daily Demand * AVG Lead Time = # Reorder + Safety Stock = Reorder Point Inventory Turnover - ANSWERSCOGS/AVG Inventory # Days Supply in Inventory - ANSWERS360/Inventory Turnover Convert PV of Ordinary Annuity to Annuity Due - ANSWERSAdd $1 and 1 Year Payback Period - ANSWERSInvestment/Annual Cash Flows= # of Years Internal Rate of Return - ANSWERSInvestment/Annual CF= PV Factor Accounting Rate of Re...

BTEC BUSINESS UNIT 3: FORMULAS Exam 36 Questions with Answers Net Cash Flow (Cash Flow Forecast) - CORRECT ANSWER = Total Income (inflows) - Total Expenses (Outflows) Closing Balance (Cash Flow Forecast) - CORRECT ANSWER = Opening Balance + Net Cash Flow Total Cost - CORRECT ANSWER = Fixed Costs + Variable Costs Cost per Unit (Average Total Cost) - CORRECT ANSWER = Total Cost / Output Variable Cost per Unit - CORRECT ANSWER = Total Variable Cost / Output Total Variable Cost -...

FINA 470 Exam Questions and Answrs which of the following best describes the current ratio? - Ans:-liquidity ratio (ability of current assets to cover current debt) which of the following is not likely to be used to measure a company's liquidity? - Ans:-financial leverage (leverage refers to long-term debt and solvency) which of the following is likely to be used to measure a company's solvency? - Ans:-financial leverage (leverage refers to long-term debt and solvency) which of the ...

Liquidity Ratios - correct answer-measures of a firm's short-term ability to meet its current obligations Profitability Ratios - correct answer-measures of a firm's profitability relative to its assets (operating efficiency) and to its revenue (operating profitability) Activity Ratios - correct answer-Measure of efficiency of a firm's assets Solvency Ratios - correct answer-Measure of a firm's ability to pay its obligations Inventory Turnover - correct answer-COGS / avg inventory...

6 phases of generic development process - Phase 0: Planning Phase 1: Concept development Phase 2: System-level design Phase 3: Design detail Phase 4: Testing and refinement Phase 5: Production ramp-up 7 characteristics of a well designed service system - 1. each element of the service system is consistent w the operating focus of the firm 2. it is user friendly 3. it is robust 4. it is structured so that consistent performance by its people / systems is easily maintained 5. it provide...

1. Projected future financial statements are called: A. plug statements. B. pro forma statements. C. reconciled statements. D. aggregated statements. E. comparative statements. 2. The extended version of the percentage of sales method: A. assumes that all net income will be paid out in dividends to stockholders. B. assumes that all net income will be retained by the firm and offset by a reduction in debt. C. is based on a capital intensity ratio of 1.0. D. requires that all f...

©BRAINBARTER EXAM SOLUTIONS 2024/2025 ALL RIGHTS RESERVED. 1 | P a g e ACCT1006 Exam Questions With Correct Answers. What are the different types of receivables - answeraccounts rec, notes receivable and other receivables what are notes receivables - answeramounts owing to the firm outside normal trade for which formal instruments of credit are issued to evidence the debt, and on which interest is generally payable what are other receivables - answerinclude non-trade receivables e.g. ...

Accrued Expenses - ️️Liability account used to record amounts at the end of an accounting period to recognize expenses that were incurred in the period but for which no invoice has yet been received nor payment has yet been made. Examples are salaries/wages payable, accrued rent expense, accrued legal fees. When the accrual is made, the debit is to the appropriate expense account (payroll expense, rent expense, legal expense) and the credit is to the accrued expense account, which is a ...

SBE Review Terms Exam Questions & Answers 2024/2025 account - ANSWERSA device for recording the changes (increases or decreases) in the fundamental accounting elements. accountant - ANSWERSone who is concerned with the design of the system of records, the preparation of reports based upon the recorded data, and the interpretation of the reports. account balance - ANSWERSthe difference between the total debits and the total credits in an account Accounting - ANSWERSa language of bus...

2022 Peregrine Exam Which of the following is NOT a strategic alternative to laying off employees? implementing a restricted hiring policy downsizing the workforce lowering employment standards mandating reduced hours Lowering Employment Standards KJ built his taco truck out of $75,000,000 worth of titanium and duct tape. He uses $10.25 of organic bok choy, $6.75 of Wisconsin cheddar cheese, and $25.25 of foie gras in each taco. If he sells tacos at $475 each, what is his break-even quantity? 19...