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NEW QUESTION: 1
For the year just ended, James' Drafting Supplies had average accounts receivable of $880,000 from total credit sales of $4,800,000 for the year. Throughout the year, a factor purchased accounts receivable from the firm at a 2 percent discount. What was the firm's accounts receivable period?
A. 67 days.
B. 71 days.
C. 75 days.
Answer: A
Explanation:
What is the receivables turnover rate? 4800000/880000 = 5.4545. Then 365/5.4545 = 67.
The fact that the receivables are factored here does not impact on the firm's sales in receivables.
NEW QUESTION: 2
関数を左側から右側の正しいネットワークコンポーネントにドラッグアンドドロップします。
Answer:
Explanation:
NEW QUESTION: 3
Which command populates the EXPLAIN tables but does not create a package?
A. REBINDEXPLAIN(YES)
B. REBINDEXPLAIN(NO)
C. REBIND EXPLAIN(ONLY)
D. REBINDCOPY
Answer: A
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