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Business, 26.07.2020 14:01 michelle8978
A company revealed the following figures: Sales revenue $2,240,000 Contribution margin $560,000 Net operating income $410,000 How much is the company's margin of safety in dollars
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Garcia industries has sales of $200,000 and accounts receivable of $18,500, and it gives its customers 25 days to pay. the industry average dso is 27 days, based on a 365-day year. if the company changes its credit and collection policy sufficiently to cause its dso to fall to the industry average, and if it earns 8.0% on any cash freed-up by this change, how would that affect its net income, assuming other things are held constant? a. $241.45b. $254.16c. $267.54d. $281.62e. $296.44
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A company revealed the following figures: Sales revenue $2,240,000 Contribution margin $560,000 Net...
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