The analysis of inventory policy is analogous to the analysis of credit policy. Propose a measure to
Question:
The analysis of inventory policy is analogous to the analysis of credit policy. Propose a measure to analyze inventory policy that is analogous to the aging of accounts receivable.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (14 reviews)
Credit policies play a major role in the inventory management specifically with Economic ...View the full answer
Answered By
JEFREY GAJUTOS
Hi! I am Sir Jef. A teacher from a public school. I have been teaching for almost 14 years. And teaching is my passion. I love to sing, cook, and create poems. I am a module writer in our division which is what my students use during this time of pandemic. I am friendly and approachable. Before I was also able to tutor a student at our school when I was in a private school. I love to teach communication subjects, English, Biology, History, and research. I enjoy helping students by guiding their task, works and assignments. It is nice to meet students who are striving to learn and finish school. I am excited to have the opportunity to mentor and guide you. Do not be shy or hesitate to contact me here in the messaging feature because I am here to help you with your study needs.
0.00
0 Reviews
10+ Question Solved
Related Book For
Fundamentals Of Financial Management
ISBN: 9780273713630
13th Revised Edition
Authors: James Van Horne, John Wachowicz
Question Posted:
Students also viewed these Economics questions
-
The Fossell Fashions Store uses the accounts receivable aging method to estimate uncollectible accounts. On February 1, 20Ã7, the balance of the Accounts Receivable account was a debit of...
-
The following aging of accounts receivable is for Harry Company at the end of its first year of business: Harry Company has collected the following bad debt information from a consultant familiar...
-
The following aging of accounts receivable is for Coby Company at the end of 2012: Coby Company had a credit balance of $20,000 in its allowance for bad debts account at the beginning of 2012....
-
In a bank reconciliation, deposits in transit are: (a) deducted from the book balance. (b) added to the book balance. (c) added to the bank balance. (d) deducted from the bank balance.
-
Identify the asymmetric carbon(s) (if any) in each of the following molecules. ,
-
Suppose that between 2015 and 2016 the market for Grey's special-purpose machines grew at 3%. All increases in market share (that is, sales increases greater than 3%) are the result of Grey's...
-
The contract ledger of a company showed the following expenditure on account of a contract on 31st December Rs Materials 60,000 Plant 10,000 Wages 82,200 Establishment charges 4,300 1,56,500 The...
-
The payroll register of Longboat Co. indicates $5,400 of social security withheld and $1,350 of Medicare tax withheld on total salaries of $90,000 for the period. Earnings of $10,000 are subject to...
-
Suppose you want to have $ 6 0 0 , 0 0 0 for retirement in 1 5 years. Your account earns 9 % interest. Feel free to use the Online Basic Financial Calculator a ) How much would you need to deposit in...
-
Fort Worth, Inc., specializes in manufacturing some basic parts for sports utility vehicles SUVs) that are produced and sold in the United States. Its main advantage in the United States is that its...
-
What is the purpose of establishing a line of credit for an account? What are the benefits of this arrangement?
-
Before the first Gulf War, Kuwait had the capacity to produce a certain amount of oil from its oil wells. After the war, it found that capacity greatly diminished because the oil wells were on fire....
-
The following table shows the weight of randomly selected packages shipped by FedEx, UPS, and DHL. These data can also be found in the Excel file package weight.xlsx. a. Perform a one way ANOVA using...
-
If f ( x ) = ( 1 3 - In ( x ) ) ^ 8 , determine f ' ( 1 ) .
-
1. ThestocksAandBhavethefollowingdistributionsofreturns. A B Probability State1 3 4 0.2 State2 5 2 0.3 State3 4 8 0.2 State4 6 5 0.1 State5 6 1 0.2 2....
-
Define nested designs. Explain why the nested designs are important.
-
3 x y 3 + x y = l n ( x ) solve for d y d x
-
Let ln ( xy ) + y ^ 8 = x ^ 7 + 2 . Find dy / dx .
-
When is a statement of stockholders' equity normally prepared? LO11
-
If you want to solve a minimization problem by applying the geometric method to the dual problem, how many variables and problem constraints must be in the original problem?
-
Evaluate the 360-degree feedback as a technique of appraisal.
-
The note receivable dishonored in Eye Opener 14 is paid on July 30 by the maker, plus interest for 30 days, 10%. What entry should be made to record the receipt of the payment?
-
Journalize the following transactions using the direct write-off method of accounting for uncollectible receivables: Feb. 25. Received $500 from Jason Wilcox and wrote off the remainder owed of...
-
Journalize the following transactions using the allowance method of accounting for uncollectible receivables: Feb. 25. Received $500 from Jason Wilcox and wrote off the remainder owed of $4,000 as...
-
Pedro lives in Puerto Rico and had a net taxable income of $35,000 for the year 20X1. Your gross income totals $60,000. What is Pedro's regular income tax for 20X1? a.$4,620 b.$4,900 c.$2,318 d.$2,520
-
The change in cash is equal to the change in liabilities less the change in equity plus the change in noncash assets. O True False
-
Tom holds a 5-yr 10%-coupon bond, while his friend Jackson holds a 6- year 8%-coupon bond. They are both concerned about interest rate risk but they do not fully understand how it affects them. Can...
Study smarter with the SolutionInn App