Refer to the Monthly Sales for the Jetton Company. What is the average number of days to collect April sales for the Jetton Company?
A) 31.4 days
B) 27.6 days
C) 23.4 days
D) 19.75 days
Answer: B
Explanation: B) Average days to collect sales = 0 days ∗ 0.19 + 30 days ∗ 0.70 + 60 days ∗ 0.11 = 27.6 days.
You might also like to view...
Advertising today is not as well regarded as marketing people would hope because ________
A) it has lost much of the creativity it had 25 years ago B) it carries a stigma about the message being created and paid for by the sender C) it is not written or talked about as much in the media D) it is perceived as news
Electronic fraud in smaller companies: I. is most often committed by low-level employees. II. is most often committed against the organization rather than on its behalf
a. I only b. II only c. I and II d. Neither I nor II
The relevant range is the range of activity within which the assumption that cost behavior is strictly linear is reasonably valid.
Answer the following statement true (T) or false (F)
The traditional goal of the Swedish labor movement was a _________________________ that addressed equal pay for equal work across companies.
Fill in the blank(s) with the appropriate word(s).