The bear rug has sales of $811,000. the cost of goods sold is equal to 63 percent of sales. the beginning accounts receivable balance is $41,000 and the ending accounts receivable balance is $38,000. how long on average does it take the firm to collect its receivables?
(a) 17.26 days
(b) 17.78 days
(c) 18.58 days
(d) 20.44 days
(e) 29.77 days

Why should you not sign the tenant landlord agreement quickly and immediately

Neon light company of kansas city ships lamps and lighting appliances throughout the country. ms. neon has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by one and one-half days. furthermore, the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. the bank has a remote disbursement center in florida. a. if neon light company has $2.90 million per day in collections and $1.18 million per day in disbursements, how many dollars will the cash management system free up?

Which of the following is a competitive benefit experienced by the first mover firm in an industry? a. the first mover will be able to achieve a less steep learning curve. b. the first mover will be able to reduce the switching costs. c. the first mover will not have to patent its products or technology. d. the first mover will be able to reduce costs through economies of scale.