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Using the information below, compute the cycle efficiency: Days' sales in accounts receivable Days' sales in inventory Days' payable outstanding 33 days 90 days 53
Using the information below, compute the cycle efficiency: Days' sales in accounts receivable Days' sales in inventory Days' payable outstanding 33 days 90 days 53 days Multiple Choice 69 days. 123 days. 55 days. 70 days. 99 days. A retail store has three departments, S, T, and U, and pays for general advertising that benefits all departments. Advertising expense totaled $54,000 for the year, and departmental sales were as follows. Allocate advertising expense to Department T based on departmental sales. (Do not round your intermediate calculations.) Department S T Sales $ 110,000 219,450 143,050 $ 472,500 U Total Multiple Choice $11,000. $54,000. $14,000. $25,080. $16,667. Using the information below, compute the cash conversion cycle: Days' sales in accounts receivable Days' sales in inventory Days' payable outstanding 50 days 67 days 60 days Multiple Choice 27 days. 132 days. 57 days. 77 days. 81 days. Ultimo Company operates three production departments as profit centers. The following information is available for its most recent year. Department 2's contribution to overhead in dollars is: Sales Cost of goods sold Direct expenses Indirect expenses Department 1 $ 1,700,000 1,190,000 170,000 136,000 Department 2 $ 680,000 255,000 68,000 170,000 Department 3 $ 1,190,000 510,000 255,000 34,000 Multiple Choice $357,000. $595,000 $17,000. $442,000. $255,000. Kragle Corporation reported the following financial data for one of its divisions for the year; average assets of $560,000; sales of $1,020,000; and income of $123,420. The investment center profit margin is: Multiple Choice 22.0%. 54.9% 182.1%. 453.7%. 12.1%
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