The days sales outstanding ratio tells us how long it takes, on average, to collect after a sale is made. The DSO can be compared with the firm's credit terms to get an idea of whether customers are paying on time.
Answer the following statement true (T) or false (F)
True
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Explain why the study of communication ethics is important. What are the benefits of studying and understanding communication ethics?
What will be an ideal response?
Department J had no work in process at the beginning of the period, 18,000 units were completed during the period, 2,000 units were 30% completed at the end of the period, and the following manufacturing costs were debited to the departmental work in process account during the period (Assuming the company uses FIFO and rounds average cost per unit to two decimal places): Direct materials (20,000
at $5 ) $ 100,000 Direct labor 142,300 Factory overhead 57,200 Assuming that all direct materials are placed in process at the beginning of production, what is the total cost of the departmental work in process inventory at the end of the period? A) $90,000 B) $283,140 C) $199,500 D) $16,438
Explain the relationship between labor market conditions and the probability of a strike occurring. What other factors do you believe might increase (or decrease) the incidence of strikes nationwide? (5 minutes)
What will be an ideal response?
The manager is open to suggestions for forecasting models and decides to try both an exponential smoothing model with an alpha of 0.9 and a simple moving average of two periods
He decides to use the actual value for January as the forecast for February just to get the exponential smoothing forecasting party started. For the moving average approach, he uses the actual for January as the forecast for February and the actual for February as the forecast for March before beginning to apply the moving average equation. Generate forecasts for the year using these technique and then calculate forecast errors using MAD to determine which is the superior method in this scenario.