PLEASE PLEASE HELP John wants to open his second bakery shop. The business has done well in his first shop because of several corporate accounts that place regular orders for breakfast pastries and sandwich platters for business meetings. To win such customers, John extended credit for 30 days for all bills. He has not bothered to conduct a credit check for any of these customers. He plans to close on the location for his second store at the end of the month. He will need all those accounts to pay on time so that he has enough money to make the rent at the new location. Is John budgeting correctly here?

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i. e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant. a. the division's basic earning power ratio is above the average of other firms in its industry. b. the division's total assets turnover ratio is below the average for other firms in its industry. c. the division's debt ratio is above the average for other firms in the industry. d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.