If Ash Company had sales during the year of $10,000,000, an average accounts receivable of $2,000,000, and net income of $500,000, its accounts receivable turnover ratio would be 0.25
a. True
b. False
Indicate whether the statement is true or false
False
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Which of the following is the term for resellers, brokers, and facilitators that improve the effectiveness of a marketing channel?
A) third-party logistics providers B) channel leaders C) channel intermediaries D) logistics managers E) consignees
How has Wegmans created a strategy-supportive reward structure?
What will be an ideal response?
A company uses the percent of sales method to determine its bad debts expense. At the end of the current year, the company's unadjusted trial balance reported the following selected amounts: Accounts receivable$365,000?debitAllowance for uncollectible accounts 600?debitNet Sales 810,000?credit All sales are made on credit. Based on past experience, the company estimates that 0.4% of net credit sales are uncollectible. What amount should be debited to Bad Debts Expense when the year-end adjusting entry is prepared?
A. $2060 B. $3840 C. $2640 D. $3240 E. $860
Identify whether the statements pertaining to improving your speech habits are do's or don'ts.
A. Read aloud to improve your diction, which is the clarity and proper pronunciation of words. B. Listen and mimic professional speakers such as news anchors. C. Develop a rich vocabulary so you can speak fluently and expressively. D. Assimilate, or blend sounds together when you speak. E. Speak quickly, especially in a professional setting.