The tabor sales company had a gross profit margin (gross profits divided by sales) of 30.8 percent and sales of $9.6 million last year. seventy-five percent of the firm's sales are on credit and the remainder are cash sales. tabor's current assets equal $2.6 million, its current liabilities equal $290 comma 000, and it has $96 comma 000 in cash plus marketable securities. a. if tabor's accounts receivable are $562 comma 500, what is its average collection period? b. if tabor reduces its average collection period to 24 days, what will be its new level of accounts receivable? c. tabor's inventory turnover ratio is 9.1 times. what is the level of tabor's inventories?

Responsible for setting the goals and planning for the future as well as leading and controlling the work of others. out the decisions of top management. often responsible for various departments such as the production, marketing, and accounting departments. process or function of planning organizing leading and controlling. the resources arranged in an orderly and functional way to accomplish goals and objectives. the company on track and making sure goals are met. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. act or process of creating goals and objectives as well as the strategies to meet them. for the daily operations of a business. examples of this are supervisors, office managers, and crew leaders. how the firm is structured and who is in charge of whom. direction and vision

Imagine you own an established startup with growing profits. you are looking for funding to greatly expand company operations. what method of financing would be best for you?

Given the following information about the closed economy of brittania, what is the level of investment spending and private savings, and what is the budget balance? assume there are no government transfers. gdp=$1180.00 million =$510.00 million =$380.00 million =$280.00 million