Which of the following is the correct expression for the payables deferral period??
A. ?Payables turnover / 360
B. ?Payables turnover × 360
C. ?Daily credit purchases / Accounts payable
D. ?Accounts payable / Daily credit purchases
E. ?Cost of goods sold / Payables
Answer: D
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Which of the following is not used as a caption if there is nothing to report?
A) income from continuing operations B) results from discontinued operations C) interest expense D) income taxes
The undifferentiated selling approach is used by the salesperson when:
A. accounts have different needs and characteristics. B. accounts in a market are similar. C. the product line is varied with unique uses. D. customers are primarily heterogeneous. E. major distinctions exist in a geographic region.
The programming algorithm developed by Google to handle Big Data computational challenges is known as ________
Fill in the blanks with correct word
Gauntlett Inc. reported the following results from last year's operations: Sales$12,000,000Variable expenses 9,580,000Contribution margin 2,420,000Fixed expenses 1,460,000Net operating income$960,000Average operating assets$5,000,000?At the beginning of this year, the company has a $1,300,000 investment opportunity with the following characteristics: Sales$4,680,000 Contribution margin ratio 50% of salesFixed expenses$2,059,200 ?The turnover for this year's investment opportunity considered alone is closest to:
A. 0.28 B. 16.67 C. 0.06 D. 3.60