QUESTION 2 of 20: Which of the following formulas for determining annual revenue is correct? a) [revenue per available room] x [average daily rate] x 365 b) [annual occupancy percentage] x [number of rooms] x [days open] x [the daily rate] c) [annual occupancy percentage] x [revenue per available room] x 365 x [the daily rate] Od) All of the above
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![QUESTION 2 of 20: Which of the following formulas for determining annual revenue is correct?
a) [revenue per available room] x [average daily rate] x 365
b) [annual occupancy percentage] x [number of rooms] x [days open] x [the daily rate]
c) [annual occupancy percentage] x [revenue per available room] x 365 x [the daily rate]
Od) All of the above](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6e413c27-2d76-41fd-a5b7-a2258cf9c1de%2Fde309bc7-2a57-40aa-b8eb-ab9a158d215a%2Fjtupdcf_processed.png&w=3840&q=75)
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- What relationship exists between the average collection period and accounts receivable turnover? Select one: a. There is a direct and proportional relationship. b. Both ratios are expressed in number of days. c. As average collection period increases (decreases) the accounts receivable turnover decreases (increases). d. Both ratios are expressed in number of times receivables are collected per year.1) The question screenshot has been attached down below answer question 16 a,b,c,d,e,f step-by-step.If the accounts receivable turnover is 42 days, what is the account receivable turnover ratio? * a. 7.14 times b. 8.69 times c. None of the choices d. 4.52 times
- I'm currently doing my homework, but I'm stuck on these answers. Will someone help me?Accounts receivable turnover is 4. What is the average collection period assuming annual data are used? What is the average collection period assuming quarterly data are used?41. After conducting a rate-sensitive analysis, a bank finds itself with the following amounts of rate-sensitive assets and liabilities (RSAS and RSL) and fixed-rate assets and liabilities (FRAs and FRLs); the rate of return and cost rates on the accounts are also given: Assets RSAS @ 4.25% FRAS @ 5.15% NEA Total Amount (Million $) S 322 S 700 S 120 $1,142 Liabilities & Equity RSLS @ 3.11% FRLS @ 4.95% Equity Total If the bank wishes to set up a swap to totally hedge the interest rate risk, the bank should A. pay a variable rate of interest and receive a fixed rate of interest. B. pay a fixed rate of interest and receive a variable rate of interest. Amount (Million $) S 200 $ 800 S 142 $1,142 C. pay a variable rate of interest and receive a variable rate of interest. D. pay a fixed rate of interest and receive a fixed rate of interest.
- If you are told that LSJ Company turns its accounts receivable over every 33 days…this would represent an example of what type of analysis: a. Vertical Analysis b. Horizontal Analysis c. Ratio AnalysisChoose the letter of the correct answer and write it on the space provided _____ 1. A sequence of payments made at equal (fixed) intervals or periods of time. A. Annuity C. Ordinary Annuity B. Annuity due D. Simple Annuity ______2. The amount of each payment. A. Payment interval C. Annuity Payment B. Periodic Payment D. Time payment ______3. It is time between the purchase of an annuity and the start of the payments for the deferred annuity. A. Period of deferral C. Payment interval B. Annuity payment D. Period of payment ______4. A type of annuity in which the payments are made at the end of each payment interval. A. Annuity due C. General Annuity D. Simple Annuity D. Ordinary Annuity ______5. Compounding quarterly means the interest period is A. every year C. every 6 months B. every 4 months D. every 3 months ______6. In a monthly payment of P2,000 for 5 years that will start 7 months from now, what will be the period of deferral? A. 7 B. 5 C. 4 D. 6 ______7. A loan is given an…Use this table for calculations: Minimum Days Maximum days % uncollectible 1 30 1.5% 31 60 3.5% 61 90 12% 91 365 70% I need to calculate the number of days each receivable is outstanding look at image to fill in , show work when calculating or using formulas , included all work please. After that fill in the schedule accounts recievable shown in the other image for context. When filling in the schedule of accounts recievable show what the formulas w you use and all work.
- 40. Given the following ratio relationships: ● S/A = 7.6 ● N/S= .08 ● D/A = .55 ● A =D + E What is N/A? (Record your answer to a percent, rounded to 1 decimal place) 41. Suppose A - D = E, that N = 62,000, E/A = .565 and N/E = .40. Compute D/A (record your answer to a percent, rounded to 1 decimal place). 42. Assume that S/A = 2.5, D/A = .15, N/E = .75 and A = D + E. Solve for N/S (Record your answer to a percent, rounded to 1 decimal place). 43. Given the following equations: ● 4x + y = 12 ● 8x - 4y = 15 Solve for y. (Record your answer rounded to 2 decimal places; for example, record 18.3498 as 18.35). 44. Referring back to the prior problem, what is x? (Record your answer rounded to 2 decimal places; for example, record 18.3498 as 18.35). 45. Alex and Sam each build tables. Together they make 34 tables in 12 days. Alex working alone can make 46 tables in 30 days. How many days would it take Sam working alone to make 46 tables? (Record your answer in days rounded to one decimal…The contra revenue account that represents the reduction in the amount paid by a credit customer if payment is made within a specified period of time is known as which of the following: O Contra revenue account O Sales allowance account O Sales discount account O Allowance for uncollectible accounts ASUS f3 f4 f5 f6 f7 f8 f9 f10 f11 区 ロ/京 %24 & 3 4. 7. 8 9. 01 Y U G H. J K 16 5 图How did you get 588.64 I am getting 1/12 = .0833 1/7*1.5 = .2143 and if you muliply that by 10,987.65 I am getting 196.21 for the debit of the copier.
