Days' payable outstanding is used to calculate:
A. The cost of storing inventory.
B. The average length of time to collect from credit customers.
C. The cost savings for taking purchase discounts.
D. The average length of time that the bank takes to process payment.
E. The average length of time that payables are deferred until payment is made.
Answer: E
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In preparing a company's statement of cash flows for the most recent year, the following information is available: Loss on the sale of equipment$14,700?Purchase of equipment 152,000?Proceeds from the sale of equipment 133,000?Repayment of outstanding bonds 90,500?Purchase of treasury stock 65,500?Issuance of common stock 99,500?Purchase of land 122,000?Increase in accounts receivable during the year 46,500?Decrease in accounts payable during the year 78,500?Payment of cash dividends 38,500?Net cash flows from investing activities for the year were:
A. $231,500 of net cash provided. B. $141,000 of net cash provided. C. $141,000 of net cash used. D. $126,300 of net cash used. E. $266,000 of net cash used.
According to your textbook, when does organizational learning occur?
a. When the organization becomes more intelligent b. When everyone in the organization remembers and can recite all the established rules, policies and procedures c. When there is a change in an organizations culture such as changes in routines, processes, practices, and stories d. Organizations cannot learn, this is a trick question
Vicky contracts with Rashad for the delivery of hospice services to benefit Sigmund. This is
A. a delegation. B. an assignment. C. a third party beneficiary contract. D. an alienation.
Mr. Gomez will manage employees throughout the northwestern region of the United States. His employees will consist of most major nationalities and both males and females. In determining his span of control, you should consider which of the following span factors?
A. The percentage of females B. The percentage of minorities C. The percentage with college degrees D. The percentage who do not have college degrees E. Whether the subordinates are physically located far from one another