The accounts receivable turnover ratio measures ________.
A) a company's ability to pay its current liabilities with its current assets
B) how many days it takes, on average, to collect receivables
C) how many days it takes, on average, to sell the inventory
D) the number of times a company collects the average accounts receivable balance in a year
D) the number of times a company collects the average accounts receivable balance in a year
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Interviewer bias is minimized in which survey form?
a. telephone survey b. mail survey c. personal survey d. semantic differential
All of the following messages to subordinates would use the indirect strategy except A) instructions to operate the new phone system installed in all offices
B) suggestions to begin an exercise program in conjunction with the new health insurance plan. C) requests to contribute to the organization's United Way campaign goal. D) discussion of their opportunities to participate in a company-sponsored charity event.
Refer to the Shipping Costs for The Allied Motors Company. Solve the transportation problem using Excel Solver. (Remember that in balanced transportation problems all constraints—except the non-negativity constraints of the decision variables—should be set as an equal-to (=) sign in the Excel Solver dialogue.) At the optimum solution, the cost of shipping from Hampton to Newark is approximately ______.
a. $604
b. $795
c. $112
d. $833
Pinnacle Consulting employs two CPAs, each having a different area of specialization. Judy specializes in tax consulting and Steve specializes in management consulting. Pinnacle expects to incur total overhead costs of $519,750 during the year and applies overhead based on annual salary costs. Judy is a senior partner, her annual salary is $225,000, and she is expected to bill 2,000 hours during the year. Steve is a senior associate, his annual salary is $121,500, and he is expected to bill 1,800 hours during the year.a. Calculate the predetermined overhead rate.b. Assuming that the hourly billing rate should be set to cover the total cost of services plus a 20% markup, compute the hourly billing rates for Judy and Steve.
What will be an ideal response?