Financial And Managerial Accounting
Financial And Managerial Accounting
15th Edition
ISBN: 9781337902663
Author: WARREN, Carl S.
Publisher: Cengage Learning,
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Chapter 7, Problem 6DQ
To determine

Provide examples of supporting documents for the purchase of merchandise.

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Using the results of the Top 5 Customers by Accounts Receivable Amount Due and the Top 5 Customers by Outstanding Sales Order Amount visualization, what conclusion can be made regarding the outstanding sales orders? a. The high value of outstanding accounts receivable for Sanders Corp may be directly related to their high value of outstanding sales orders. b. The high value of outstanding accounts receivable for Williams Corp may be directly related to their high value of outstanding sales orders. c. The high value of outstanding sales orders for Roberts Corp has caused them not to pay a large value of invoices. d. Evans Corp has a high value of outstanding accounts receivable and outstanding sales orders.
Based on the dashboard, what recommendations would you give to improve the overall sales and revenue of Borders USA? Is there any additional information would you like to have to provide useful recommendations? What are your interpretations of AR Aging and Sales Order Aging dashboards?
1. Using the Sales vs Revenue by Quarter in 2022 visualization, what trends are being shown between sales and revenue? a. Sales was variable for each quarter, but revenue decreased every quarter. b. Sales decreased every quarter, but revenue was variable for each quarter. c. Revenue was higher than sales for each quarter. d. Revenue was lower than sales for only the first two quarters.
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