1. A company that develops artificial flavorings for candy manufacturers uses research to refine its market offerings. Its studies require participants to make repeated comparisons between pairs of products; in each pair, the products differ on the key attributes of flavoring strength and price. The research approach of this firm is:
latent class analysis.
conjoint analysis.
cluster analysis.
regression analysis.
paired comparison analysis.
2. Inventory $1800, Account receivable $2600, Account payable $1100, Sale $18,250, Cost of good sold $14500. What is the accounts receivable period(or days sales outstanding-DSO)? What is the inventory period (or days supply in inventory-DSI)? (excel formula)
3. Baxley Brothers has a DSO of 46 days, and its annual sales are $5,840,000. What is its accounts receivable balance? Assume that it uses a 365-day year. Round your answer to the nearest cent.