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1. The financial statements of Minnesota Mining and Manufacturing Company (3M) report net sales of $20.0 billion. Accounts receivable (net) are $2.7 billion at the beginning of the year and $2.8 billion at the end of the year. Compute 3M's receivables turnover ratio. Compute 3M's average collection period for accounts receivable in days.
crystal arts inc. had earnings of 428900 for 2014. the company had 50000 shares of common stock outstanding during the
middot explain the advantages of the four different special journals? when would you use each type?middot what
Given this, what recommendation(s) would you make to the credit card company about using the collection agency?
if fixed costs are 259238 the unit selling price is 112 and the unit variable costs are 63 what is the break-even sales
assume that the average firm in your company industry is expected to a constant rate of 6 and that the dividend is 7.
retained earnings statement prior period adjustment below is the retained earnings account for the year 2012 for
burton manufacturing company leases equipment from nelsonleasing for an annual lease rental of 100000. thelease term is
the jefferson electronic integration products corporation produces and markets two types of hardware systems model bbc
What was Howard Schultz's original strategic vision for Starbucks? Is his 2010 strategic vision for Starbucks different from the one he had in the 1980s?
discuss the truth in lending act and what role it places in financial and regulatory reports requirements in regards to
What are the guidelines for determining when a material amount of land is involved in a lease?
Currently the sales clerks receive a salary of $17,000 per month in Store Q. A proposal has been made to change from a fixed salary to a sales commission of 5%. Assume that this proposal is adopted, and that as a result sales in Store Q increase by $..
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