Business, 10.11.2019 02:31 Dianar4308
Suppose the following information was taken from the 2022 financial statements of fedex corporation, a major global transportation/delivery company. (in millions) 2022 2021 accounts receivable (gross) $ 3,587 $ 4,517 accounts receivable (net) 3,391 4,359 allowance for doubtful accounts 196 158 sales revenue 35,497 37,953 total current assets 7,116 7,244
1. calculate the accounts receivable turnover and the average collection period for 2014 for fedex.
2. is accounts receivable a material component of the company?
Answers: 1
Business, 22.06.2019 16:30
En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?
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Business, 23.06.2019 20:30
Explain the concept of borrowed equity as it relates to an event sponsor. the concept of borrowed equity is when a sponsor does something such as make the team's uniforms or pay for the event venue and in return they are able to advertise their brand during the event or on flyers and things of that nature.
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Business, 24.06.2019 00:00
Use the following selected information from wheeler, llc to determine the 2017 and 2016 trend percentages for cost of goods sold using 2016 as the base. 2017 2016 net sales $ 277,700 $ 231,700 cost of goods sold 151,600 129,890 operating expenses 54,940 52,940 net earnings 28,320 20,120
Answers: 3
Suppose the following information was taken from the 2022 financial statements of fedex corporation,...
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