Mcewan industries sells on terms of 3/10, net 35. total sales for the year are $1,815,500; 40% of the customers pay on the 10th day and take discounts, while the other 60% pay, on average, 66 days after their purchases. assume 365 days in year for your calculations.

what is the days sales outstanding? round your answer to two decimal places.


what is the average amount of receivables? round your answer to the nearest cent. do not round intermediate calculations.
$

what is the percentage cost of trade credit to customers who take the discount? round your answers to two decimal places.
%

what is the percentage cost of trade credit to customers who do not take the discount and pay in 66 days? round your answers to two decimal places. do not round intermediate calculations.

nominal cost: %
effective cost: %
what would happen to mcewan’s accounts receivable if it toughened up on its collection policy with the result that all nondiscount customers paid on the 35th day? round your answers to two decimal places. do not round intermediate calculations.
days sales outstanding (dso) = days

average receivables = $

Exercise 15-7 crawford corporation incurred the following transactions. 1. purchased raw materials on account $53,000. 2. raw materials of $45,200 were requisitioned to the factory. an analysis of the materials requisition slips indicated that $9,400 was classified as indirect materials. 3. factory labor costs incurred were $65,400, of which $50,200 pertained to factory wages payable and $15,200 pertained to employer payroll taxes payable. 4. time tickets indicated that $55,000 was direct labor and $10,400 was indirect labor. 5. manufacturing overhead costs incurred on account were $81,700. 6. depreciation on the company’s office building was $8,100. 7. manufacturing overhead was applied at the rate of 160% of direct labor cost. 8. goods costing $89,400 were completed and transferred to finished goods. 9. finished goods costing $76,000 to manufacture were sold on account for $105,100. journalize the transactions. (credit account titles are automatically indented when amount is entered. do not indent manually.) no. account titles and explanation debit credit (1) (2) (3) (4) (5) (6) (7) (8) (9) (to record the sale) (to record the cost of the sale) click if you would like to show work for this question: open show work

An investment offers a total return of 18 percent over the coming year. janice yellen thinks the total real return on this investment will be only 14 percent. what does janice believe the inflation rate will be over the next year?

Select the correct answer brian wants to add a chart to his dtp project. what is the best way he can do this? a draw the chart using the dtp program draw option b create the chart in a spreadsheet then import it c. use the dtp chart wizard to create the chart within the dtp d. create an image of the chart in an image editor then import the image e use html code to create a chart within the dtp program