Thomas, J. Assignment 7-1

QUESTION 28 Why is the normal operating cycle for a merchandising company likely to be longer than for a service company? For the toolbar, press ALT+F10 (PC) or ALT FN+F10 (Mac). BIUS Paragraph Arial 10pt 4. o WORDS PO Click Se !!!

Question 15 Which feature helps streamline the purchasing process once a customer approves an estimate? Create invoice from estimate O Price Rules O Create purchase order from an estimate Create invoice from purchase order

Determine whether the following items are objectives in the following areas: Financial, Internal Process, Customer, or Learning and Growth Inventory turnover *a. Financialb. Internal Processc. Customerd. Learning and GrowthNumber of customer complaints resolved by the after-sales service department *a. Financialb. Internal Processc. Customerd. Learning and Growth

Question 12 If a client doesn't want to track the quantity on hand of the products they the sell, what Product/Service type should they select when setting up items in QuickBooks Online? MAJ Sales Bundle Inventory Service Non - inventory

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Question 8 Which of the following is an advantage of the periodic invêntory system?| frequent physical inventory counts O cost prohibitive time consuming O real-time information for managers

Multiple-Choice Questions 3. Which function should the billing departmentNOT perform?a. record the sales in the sales journalb. send the ledger copy of the sales order toaccounts receivablec. send the stock release document and the shipping notice to the billing department as proofof shipmentd. send the stock release document to inventorycontrol

The role of management accounting in directing attention involves: Select one: O A. The recording of sales by each sales person O B. Establishing why sales targets were not achieved O C. Establishing the selling price of a service O D. The calculation of depreciation on office computers

Financial accounting Q

Shown here is a partial entity-relationship diagram of a purchase system. Describe the business rules represented by the cardinalities in the diagram.

Answe these questions in relation to accounting packages systems

Question 15 If you don't see the Copy to purchase order feature from within an estimate, where do you turn on the Use purchase orders setting? Expenses > Purchase orders O Account and Settings > Expenses > Purchase orders O Vendors > Use purchase order O Account and Settings > Products and Services

Wincome statement projections ert Design Layout References Mailings Review View Times New R.. 11 - A- A- AaBbCcDdEe AaBbCcDdEe AaBbCcD B U - abe X, x2 A - O A Normal No Spacing Heading 1 To keep up-to-date with security updates, fixes, and improvements, choose Check for Updates. Company Dhas the following information: Revenue Cost of Goods Sold- Gross Profit- Total operating costs- Operating Income- -150,000,000 -81,825,000 -68,175,000 47,625,000 -20,550,000 Interest Income-- -290,000 -800,000 Interest Expense- Pre-Tax income-- Таx (21%)--- Net Income--- -20,040,000 --4,208,400 -15,831,600 Share outstanding-- Share outstanding for diluted -11,000,000 -12,200,000 Cash- A/R (avg collect Period-30 days) Inventory (Days Inv. Held = 40) Other- Total Current Asset- -11,917,808 --8,967,123 -5,000,000 PP&E--- Less Accumulated Depreciation- Net PP&E- -50,000,000 -10,000,000 -40,000,000 Total current liability 13,842,466 -21,842,466 Total Liabilities--- a. What is the cash amount? b. what is the…