Monthly Sales Info: January (actual) February (actual) March (actual) April May 8 June 19 July 10 August 11 12 September 13 14 Unit Selling Price 15 16 Unit Purchase Price 23 Units 20,000 24,000 28,000 35,000 68,000 81,000 40,000 36,000 32,000 17 Check Figures: 18 19 June Cash Disbursements for Purchases 20 21 June Ending Cash Balance 22 24 25 26 27 8.00 5.00 Monthly Operating Expenses: Variable: Sales Commission per Wallet Fixed: Wages and Salaries Utilities Insurance Depreciation Miscellaneous Land Acquisition Dividend Payment $ $ NB Co. 309,500 10,500 $1 $22,000 $14,000 $ 1,200 $ 1,500 $ 3,000 $25,000 $12,000 Cash Accounts Receivable ** Inventory *** Prepaid Insurance Property, Plant & Equipment, net of accum depreciation Total Assets LIABILITIES & STOCKHOLDERS' EQUITY LIABILITIES: Accounts Payable Dividends Payable Total Liabilities Stockholders' Equity Capital Stock Retained Earnings Balance Sheet March 31, 2019 ASSETS Total Stockholders' Equity Total Liabilities & Stockholders' Equity **Due from February Sales March Sales ***Inventory Units $48,000 $168,000 $216,000 31,500 $ 85,750 12,000 300,000 176,850 $ 14,000 216,000 157,500 14,400 172,700 $ 574,600 97,750 476,850 $574,600

Q: Define each of the following terms: g. Decision tree; staged decision tree; decision node; branch

A: Decision tree: A decision tree is a method of arranging a set of consecutive decisions, which is…

Q: Using the above information, calculate efn

A: Here, Sales is $48,800 Assets is $53,650 Spontaneous Liability (Accounts Payable) is $2,400 % Change…

Q: What is the graphical representation of the distribution of a dataset? A) Histogram B) Pie Chart C)…

A: The incorrect answers are:B) Pie ChartPie charts are circular charts with slices reflecting…

Q: What do you mean by Count Data? When it arises?

A: Count data:  Count data is a kind of statistical data, in which the observations might only consider…

Q: Define correlation

A: Correlation: Correlation is a statistical method that can display whether and just how strongly…

Q: Define Factoring.

A: Accounts Receivable: It refers to the amount of money due to the company from the debtors.

Q: How do you explain or interpret predictive model information?

A: Meaning- Predictive Model As the name suggest, where with the help of historical figures or even…

Q: What are the levels of data hierarchy?

A: Accounting Information System:   This refers to a system that is adopted by an organization to…

Q: Why are denormalized tables used in data ware-houses?

A: Data Warehouse:   Data warehouse is also termed as enterprise data warehouse. It can be defined as…

Q: What are the CVP assumptions?

A:

Q: Describe the process of calculating NPV.

A: Net Present Value (NPV) is a capital budgeting technique which uses a discount rate to bring all the…

Q: Describe about the concept of COGS.

A: Cost of goods sold (COGS): Cost of goods sold is the accumulate amount of all direct cost incurred…

Conversion Cycle

Conversion cycle is also known as cash cycle or net operating cycle. Conversion cycle refers to how much time a company takes to turn its investments which is done from stock or any other financial resources into cash flows from sales.