Net sales total $438,000. Beginning and ending accounts receivable are $35,000 and $37,000, respectively. Calculate days' sales in receivables. A.27 days B.30 days C.36 days D.31 days

Q: Please help me with this question general Accounting

A: Step 1: Define Fixed and Variable CostsFixed costs remain constant regardless of production levels…

Q: Phoenix Industries has twelve million shares outstanding, generates free cash flows of $75 million…

A: To determine whether Phoenix Industries should invest in the new project or repurchase shares, we…

Q: Dull Corporation produces a single product and has the following cost structure: Number of units…

A: Step 1: Definition of Absorption CostingAbsorption costing or full costing is a product costing…

Q: Financial Accounting

A: Step 1: Define Dividend YieldThe Dividend Yield is a financial ratio that shows how much a company…

Q: Hii ticher please solve this question general Accounting

A: Step 1: Define Materials Purchase BudgetThe materials purchase budget determines the quantity of raw…

Q: Solve this financial accounting problem

A: Explanation of Balance Sheet Equity: Balance sheet equity, also known as shareholders' equity or net…

Q: Kindly help me with accounting questions

A: Step 1: Calculation of standard hours allowedStandard hours required per unit = 1.5 hoursNumber of…

Q: Kindly help me with accounting questions

A: Step 1: Definition of After-Tax Cost of DebtThe after-tax cost of debt is the actual cost a company…

Q: General Account Questions

A: Step 1: Definition of Gross ProfitGross profit is the difference between net sales revenue and the…

Q: What is its gross income for the year of this general accounting question?

A: Step 1: Define Gross IncomeGross income, also known as gross profit, is the amount a business earns…

Q: Can you please solve the questions

A: Step 1: Definition of Owners' EquityOwners' Equity represents the residual interest in the assets of…

Q: What is the return on assets?

A: To calculate the Return on Assets (ROA), we use the DuPont Identity formula: ROE =ROA ×(1+…

Q: Financial accoun

A: Step 1: Definition of Depreciation DeductionDepreciation is the process of allocating the cost of a…

Q: The manufacturing overhead cost for the current year

A: Step 1:First, calculate the Predetermined Overhead Rate based on direct labor cost then calculate…

Q: Hi expert please help me

A: Step 1: Definition of Break-even PointThe break-even point is the level of sales at which total…

Q: Solve this Accounting problem

A: Explanation of Capital Gains Yield: Capital gains yield is a measure that shows the percentage…

Q: I don't need ai answer general accounting question

A: Step 1: Definition of Absorption Costing IncomeAbsorption costing is a method where all…

Q: help this final

A: Detailed explanation: Part (a): Value of the Account After WithdrawalYou started the year with a…

Q: Can you please solve this questions

A: We have given, Sales for the year were $640,000, and the company estimates that 6% of all sales will…

Q: Need answer general accounting

A: Step 1: Define Total Materials VarianceThe total materials variance measures the difference between…

Q: XYZ Company had the following information as of Dec 31, 2019 and 2020.   Selling and administrative…

A: 1: Extracting Given DataFrom the image, we have:2019:Sales: 13,000 units × P20 = P260,000Variable…

Q: General Accounting Question

A: Step 1: Definition of Variable Costing and Finished Goods InventoryUnder variable costing, only…

Q: choose best answer

A: To determine the IPO price per share, we use the Price-to-Earnings (P/E) ratio formula:Share Price=…

Q: Provide Right Answer

A: Concept of Gross MarginGross margin represents the difference between a company's total sales…

Q: Financial Accounting Question

A: Step 1: Define Days Sales in Receivables (DSR)The Days Sales in Receivables (DSR), also known as…

Q: Bradford Enterprises estimated manufacturing overhead for the year at $350,000. Manufacturing…

A: Concept of Manufacturing OverheadManufacturing overhead includes all indirect costs involved in…

Q: Abc

A: How to calculate that:Operating Leverage = 1.15Percentage Change in Units Sold = 5.8%Percentage…

Q: Provide answer general accounting question

A: Step 1: Analysis of information givenSales = $15,158 millionCost of sales = $10,972 millionOther…

Q: Get correct answer general accounting question

A: Step 1: Definition of Cost of Unused CapacityCost of unused capacity represents the cost of…

Q: hi expert please help me

A: To solve this problem, we'll break it down into three parts.Step 1: Calculate the overall fixed…

Q: none

A: Step 1:Direct material cost is the cost incurred in the purchasing of raw materials. Direct material…

Q: Seaside Manufacturing Inc

A: Concept of Predetermined Overhead RateThe Predetermined Overhead Rate (POHR) is a standard rate used…

Q: On October 1, 2022, Brookside Logistics purchased a delivery van for $72,000. The van has a useful…

A: Explanation of Straight-Line Depreciation:Straight-line depreciation is a method of systematically…

Q: Compute the company's degree of opereting leverage

A: Step 1: Definition of Degree of Operating LeverageDegree of Operating Leverage (DOL) measures how a…

Q: I want solution of this problem

A: 1. Calculate Free Cash Flow (FCF)Free Cash Flow = Cash Flow from Operations - Cash Investments in…

Q: Step by step answer

A: Step 1: Calculate the number of units that can be produced for each product. Product X:Machine hours…

Q: Financial Accounting 5.2

A: Concept of Net SalesNet sales refer to the actual revenue a company generates from sales after…

Q: correct answer please

A: Detailed explanation: To calculate the Return on Investment (ROI), we use the DuPont formula, which…

Q: What is the unit cost of production per ball bearing?

A: Step 1: Calculation of total costTotal product cost = Materials cost + Labor cost + Power costTotal…

Q: What is the materials price variance for the month ?

A: Explanation of Direct Materials Variance:Direct materials variance measures the difference between…

Q: The partnership of Keenan and Kludlow paid the following wages during this year: Line Item…

A: First, we need to identify the employees and their earnings. In this case, the partners (M. Keenan…

Q: Do fast answer of this accounting questions

A: Step 1: Calculation of current assetsNet working capital = Current assets - Current…

Q: General accounting

A: Step 1:  Definition of Operating CycleThe number of days that elapse between the purchase of raw…

Q: What is the total cost of job number B3021?

A: Concept of Direct Material CostDirect material cost refers to the cost of raw materials that are…

Q: Kindly help me with accounting questions

A: Step 1: Definition of Return on Equity (ROE)Return on Equity (ROE) measures a company's…

Q: What is the actual total direct materials cost?

A: Given Data:Standard Direct Materials Cost = $225,000Favorable Price Variance = $6,500 (since it's…

Q: Determine whether the manufacturing overhead for 2023 was overallocated of underallocated

A: Concept of Manufacturing OverheadManufacturing overhead includes all indirect costs associated with…

Q: Predetermined manufacturing overhead rate

A: Explanation of Predetermined Overhead Rate (POHR):The Predetermined Overhead Rate (POHR) is used to…

Q: 5 PTS

A: Explanation of Direct Costs: Direct costs are expenses that can be directly traced to the production…

Q: abc general accounting

A: Step 1: Definition of Net IncomeNet income is the total earnings of a business after deducting all…