Mind the company''s relationship between receivables
Having in mind the company's relationship between receivables and cash, the influence of liquidity and solvency and they affect competitiveness. How do we judge a company's collection effectiveness? What can be done to improve that?
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Using the following ,calculate inventory turnover ratio ,the average days in inventory ,and the gross profit for the Howard co. for the year ending Dec 31,2011 (round to two decimal points).
Michael Company issued 8% bonds with a par value of $1,000,000, receiving a $20,000 premium. On the interest date 5 years later, after the bond interest was paid and after 40%?
Matthew Company issued 10-year, 7% bonds (paying semiannual interest) with a par value of $100,000. The market rate of interest when the bonds were issued was 6%. Compute the price of the bonds when they were issued.
Discuss the evolution of the income statement found in the annual report of a firm, to the forms that can be used in managerial decision making. INclude the organizing principle in each case?
Factory labor data for Reyes Tool & Die is $5,000 (note: Job 1 $1,200; Job 2 $1,600; Job 3 $1,400 and general factory use $800). The summary journal entry to record factory labor incurred is?
Calculate the profitability ratios that can be computed from the above information. If required, round your answers to one decimal place. I only need the ratio of net sales to assets.
inventory costs are rising, which method (FIFO, LIFO, or weighted average cost) results in the highest net income? Which results in the highest inventory balance? Does your answer change depending on whether you are using the period or perpetual
Posson Catering uses two measures of activity, jobs and meals, in the cost formulas in its budgets and performance reports. The cost formula for catering supplies is $210 per month plus $96 per job plus $20 per meal.
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