Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 09, 2024

please provide explanation with the correct option Which of the following is generally NOT favorable? a) Increase in gross margin percentage b) Increase in the

please provide explanation with the correct option

image text in transcribed

Which of the following is generally NOT favorable? a) Increase in gross margin percentage b) Increase in the current ratio c) Increase in the average collections period d) Increase in inventory turnover

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

Management Systems Audit Risk Mitigation

Authors: Mr Indulis L Svikis

1st Edition

B084DGQJJ5, 979-8607031909

More Books

Students also viewed these Accounting questions

Question

★★★★★

1. Figure. If you were using the streak plate method to plate a very dilute broth culture (with many fewer bacteria than the broth used for 3a) would you expect to see single, isolated colonies in...

Answered: 1 week ago

Question

★★★★★

Suppose your business wants to borrow $4643 from a bank for 4 years. The bank wants a balloon payment of $6643 at the end of the loan's term. What is the interest rate implied by this deal? Answer in...

Answered: 1 week ago

Question

★★★★★

141. The article Error Distribution in Navigation (J. Institut. Navigation, 1971: 429 442) suggests that the frequency distribution of positive errors (magnitudes of errors) is well approximated by...

Answered: 1 week ago

Question

★★★★★

Assume Magnificent Modems, Inc. (MMI) is a division of Gilmore Business Products (GBP). GBP uses ROI as the primary measure of managerial performance. GBP has a desired return on investment (ROI) of...

Answered: 1 week ago

Question

★★★★★

Which financial statement is expected to show the increase or decrease to the retained earnings of a company

Answered: 1 week ago

Question

★★★★★

Consider a company with a free cash flow (FCF) of $927,171 the next year, a weighted average cost of capital (WACC) of 12.89% and an expected growth rate of 3.20%. What is the company's value using...

Answered: 1 week ago

Question

★★★★★

Mr. Dizon would like to determine the average daily allowance of Harvard students What is the: Population VAriable of interest Type of variable (quantitative or qualitative) The Harvard marketing...

Answered: 1 week ago

Question

★★★★★

Scenario #1 A manufacturer advertises that its hand sanitizer kills the "Covid-19 virus on contact." The manufacturer has tested its hand sanitizer for effectiveness against other viruses, but not...

Answered: 1 week ago

Question

★★★★★

The Dallas Morning News reported the findings of a study by the Department of Transportation that examined the effect on average airfares when new, low priced carriers, such as Southwest Airlines or...

Answered: 1 week ago

Question

★★★★★

Alison, Blanca, Jaime, and Cuong are still relatively new employees at Deloitte. At least once a week, they use their workstation computers to watch videos of lectures or how-to guides, play games...

Answered: 1 week ago

Question

★★★★★

Why are threats ineffective when making a claim? How do you react when someone makes an angry threat? (Objective 4)

Answered: 1 week ago

Question

★★★★★

Describe the content that should be included in an invitation. (Objective 5)

Answered: 1 week ago

Question

★★★★★

Write a message subject line to present the main idea for each of the following situations: (Objective 1) a. Youre ill and will miss class today. The assignment thats due is attached to your e-mail....

Answered: 1 week ago

Previous Question Next Question