Skullcandy designs, markets, and distributes audio and gaming headphones, earbuds, and speakers. Assume that last year Skullcandy reported cost of goods sold of $158 million. Assume that this year cost of goods was $117 million. Accounts payable was $23 million at the end of last year and $17 million at the end of this year.
Required:
1. For this year, compute the average number of days that Skullcandy’s accounts payable are outstanding.
2. Assume Skullcandy’s closest competitor reports that the average number of days that its accounts payable are outstanding is 30. Comment on Skullcandy’s number relative to its competitor’s number.
Answers: 3
Business, 21.06.2019 18:10, diamondk2019
In a sumif conditional function, what should be the order of terms in the parentheses?
Answers: 1
Business, 22.06.2019 18:30, lebronbangs8930
> > objectives define federalism and explain why the framers adopted a federal system instead of a unitary system. categorize powers delegated to and denied to the national government, and powers reserved for and denied to the states, and the difference between exclusive and concurrent powers.
Answers: 1
Business, 22.06.2019 20:10, spicee68003
Peppy knows a lot about marketing, but not much about the legal or financial aspects of starting a new business. he wants to consult with a lawyer and accountant, but his budget is tight with all of the expenses involved in getting peppy's pizzazzeria up and running. peppy should: trust his basic instincts and try to put it together without the advice of lawyers and accountants. delay talking with a lawyer and accountant until the business has established a positive cash flow for at least one year. immediately hire full-time lawyers and accountants for his staff. consult with a lawyer and accountant even though the budget is tight.
Answers: 1
Skullcandy designs, markets, and distributes audio and gaming headphones, earbuds, and speakers. Ass...
Health, 29.03.2021 20:20
Mathematics, 29.03.2021 20:20