Computing the tax savings from leasing expense

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Reference no: EM131933576

1. Alexus dry goods annual sales of $267,200 and cost of goods sold of $205,850. The average accounts receivable balance is $13,175. How many days on average does it take the firm to collect its accounts receivable?

A. 16.08 days B. 16.30 days C. 17.27 days D. 18.00 days E. 20.28 days

2. Computing the tax savings from leasing expense is:

A. always necessary. B. sometimes necessary. C. never necessary. D. None of these is correct.

3. The physical location where the service will be provided is information located in the plan's:

A. organization segment. B. marketing segment. C. financial segment. D. All of these are correct.

Reference no: EM131933576

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