Ribaudo corporation has provided the following financial data from its balance sheet and income statement: year 2 year 1 cash $74,000 $130,000 accounts receivable $255,000 $240,000 inventory $173,000 $180,000 total current assets $564,000 $610,000 total assets $1,350,000 $1,330,000 accounts payable $170,000 $160,000 total liabilities $633,000 $620,000 total stockholders' equity $717,000 $710,000 sales (all on account) $1,290,000 cost of goods sold $700,000 the company's operating cycle for year 2 is closest to: 95.9 days 75.3 days 162.0 days 9.2 days
Answers: 1
Business, 22.06.2019 02:00, raylynnreece4939
Precision dyes is analyzing two machines to determine which one it should purchase. the company requires a rate of return of 15 percent and uses straight-line depreciation to a zero book value over the life of its equipment. ignore bonus depreciation. machine a has a cost of $462,000, annual aftertax cash outflows of $46,200, and a four-year life. machine b costs $898,000, has annual aftertax cash outflows of $16,500, and has a seven-year life. whichever machine is purchased will be replaced at the end of its useful life. which machine should the company purchase and how much less is that machine's eac as compared to the other machine's
Answers: 3
Business, 22.06.2019 11:30, zitterkoph
Leticia has worked for 20 years in the public relations department of a large firm and has been the vice-president for the past ten years. it is unlikely she will ever be promoted to the top executive position in her firm even though she has directed several successful projects and is quite capable. her lack of promotion is an illustration of (a) the "glass ceiling" (b) the "glass elevator" (c) the "mommy track" (d) sexual harassment
Answers: 3
Ribaudo corporation has provided the following financial data from its balance sheet and income stat...
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