Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 24, 2024

If the accounts receivable is based on a collection period of R54.75 days, then the accounts receivables would amount to R180 000 if the credit

If the accounts receivable is based on a collection period of R54.75 days, then the accounts receivables would amount to R180 000 if the credit sales are R1 200 000. true or false

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Risk Management And Financial Institutions

Authors: John C. Hull

3rd Edition

1118269039, 9781118269039

More Books

Students also viewed these Finance questions

Question

★★★★★

Tawana owns and operates a sole proprietorship and has a 40 percent marginal tax rate. She provides her son, Jonathon, $8,000 a year for college expenses. Jonathon works as a pizza delivery person...

Answered: 1 week ago

Question

★★★★★

12.44 Housing Prices If you try to rent an apartment or buy a house, you find that real estate representatives establish apartment rents and house prices on the basis of square footage of heated...

Answered: 1 week ago

Question

★★★★★

McRay Company merchandises a single product called Bright. The following data pertain to the beginning inventory and purchases of Bright during the past year: January 1 inventory 34,000 units @...

Answered: 1 week ago

Question

★★★★★

The James Island Clothing Company began operations on July 1, 2018. The adjusted trial balance as of December 31, 2018 is provided as well as transaction data for 2018. Complete the worksheet for the...

Answered: 1 week ago

Question

★★★★★

Use the following table of states of the economy and stock returns to calculate the percentage expected return for Ross. Security Returns if State Occurs Prob of State of Economy Roll Ross Bust 0.8...

Answered: 1 week ago

Question

★★★★★

4.1 A centrifugal pump is used to pump water from one tank to another. The difference in height between these tanks is 140m. What is the theoretical minimum power required to pump 15,000kg of water...

Answered: 1 week ago

Question

★★★★★

Kiera has reached a solution and has implemented her plan to minimize angry outbursts during group time. Using the Five-Step Learning Cycle, what next step should Kiera take? Group of answer choices...

Answered: 1 week ago

Question

★★★★★

The location is especially enticing because the State of Georgia offers attractive tax incentives to investors who fund films produced in the state: sales tax exemption plus an across the board flat...

Answered: 1 week ago

Question

★★★★★

Question 1: (a) Design a differentiator (Figure-1) to differentiate an input signal that varies in frequency from 20Hz to about 1KHz. Clearly provide full details of all the design steps and...

Answered: 1 week ago

Question

★★★★★

VUCA-type (volatility, uncertainty, complexity, ambiguity) contemporary contexts and dynamics (for example COVID, financial pressures/economic crisis/ labour market shortages/geo-political tensions)...

Answered: 1 week ago

Question

★★★★★

Calculate the yield rate for each recruitment source (based on the number of job offer acceptances to the number of job offers): (a) employee referrals, (b) job fairs, and (c) job Web sites. Which...

Answered: 1 week ago

Question

★★★★★

What steps in the selection process were missed, if any? What problems might occur because of these omissions?

Answered: 1 week ago

Question

★★★★★

Assuming the interviewers role, what are three questions that you would ask job candidates? Explain. Assuming the interviewers role again, what are two questions that you would not ask job...

Answered: 1 week ago

Previous Question Next Question