Author Question: The blackout period refers to the time between A) the date of death and when survivors ... (Read 75 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?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Fatal fungal infections may be able to resist newer antifungal drugs. Globally, fungal infections are often fatal due to the lack of access to multiple antifungals, which may be required to be utilized in combination. Single antifungals may not be enough to stop a fungal infection from causing the death of a patient.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

For a complete list of videos, visit our video library