Author Question: The blackout period refers to the time between A) the date of death and when survivors ... (Read 73 times)

HudsonKB16

  • Hero Member
  • *****
  • Posts: 535
The blackout period refers to the time between
 
  A)
 
  the date of death and when survivors benefits begin.
  B)
 
  when you begin working and you become a covered worker.
  C)
 
  early retirement age and normal retirement age.
  D)
 
  when benefits cease for a caretaking spouse and a widow(er)s pension begins.

Question 2

Beverly Corp had total sales of 1,200,000 in 2010 (80 percent of its sales are credit). The company's gross profit
  margin is 25 percent, its ending inventory is 150,000, and its accounts receivable balance is 90,000.
 
  What
  additional amount of cash could the firm have generated if it had increased its inventory turnover ratio to 9.0
  and reduced its average collection period to 28.21875 days?



momolu

  • Sr. Member
  • ****
  • Posts: 320
Answer to Question 1

D

Answer to Question 2

Currently, cost of goods sold is 900,000 and inventory turnover is 6. To increase inventory turnover to 9, the inventory
balance would need to decrease to 100,000, or a decrease of 50,000, resulting in additional cash of 50,000.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

momolu

  • Sr. Member
  • ****
  • Posts: 320

 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

For a complete list of videos, visit our video library