answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Korolek [52]
2 years ago
15

Blaney Clothing Store had a balance in the Accounts Receivable account of $437,500 at the beginning of the year and a balance of

$500,000 at the end of the year. Net credit sales during the year amounted to $3,000,000. The average collection period of the receivables in terms of days was A : 365 days. B : 60.1 days. C : 57 days. D : 53.2 days.
Mathematics
1 answer:
REY [17]2 years ago
8 0

Answer:

Option C : 57 days

Step-by-step explanation:

Average Accounts Receivables=

<u>                  Opening Accounts Receivables+ Closing Accounts Receivables </u>

                                                              2

Average Accounts Receivables= <u>437,500+ 500,000</u>

                                                                    2

Average Accounts Receivables= $468750

Average Collection Period = (Average Accounts Receivables÷Credit Sales )        

                                                                          ×365

Average Collection Period = (468750÷3000000) ×365

Average Collection Period = 57 days

You might be interested in
For each of the questions below, a histogram is described. Indicate in each case whether, in view of the Central Limit Theorem,
denis-greek [22]

Solution :

a). This histogram is not a bell shaped.

    Here we cannot use the theorem of the central limit as the histogram is being plotted by using 365 samples data values of the one sample.

b). This histogram may be bell shaped approximately since the sample size is large.

   Here there are 50 sample each having a size of 500 and there is 50 sample proportions. The histogram shows sampling distribution of the sample proportion. Thus the central limit theorem can be used.

The histogram is approximately bell shaped as there is 50 samples of each having 500 size and an average of 50. Thus the central limit theorem can be used.

c). The histogram is not a bell shaped.

   In this case central limit theorem cannot be used as the histogram is plotted by using 100 sample data values of one sample.

d). The histogram is a bell shaped since the sample size is large.

   In this case 200 samples  of each having a size of 50 and a data values of 50. The histogram here shows a sampling distribution of the sample proportion. Thus the central limit theorem can be used.

In the second also the histogram is of bell shaped as the sample size is large.

There are 200 samples of each sample having a size of 40 and they have 40 data values , i.e. sum of rolls.

e). It is not a bell shaped.

  The histogram here is plotted using 100 sample data values having one sample. Therefore we cannot use the central limit theorem.

6 0
2 years ago
How many numbers from 10 to 99 have a tens place exactly 3 times greater than their ones place? PLZZZ answer this question . I w
patriot [66]

Answer:

45

Step-by-step explanation:

2 digit number starts from 10 ends at 99

between 10 and 19 there is only one number whose tens digit is more than ones digit.

that is 10

between 20 and 29 there are two numbers

20 and 21

like the same

between 30 and 39 there are 3 numbers

10–19. 1

20–29. 2

30–39. 3

40–49. 4

50–59. 5

60–69. 6

70–79. 7

80–89. 8

99–99. 9

sum of first n natural numbers is n(n+1)/2

9(9+1)/2=45

4 0
2 years ago
A lightbulb has a normally distributed light output with mean 5000 end foot-candles and standard deviation of 50 end foot-candle
Blizzard [7]
To find the specification limit such that only 0.5% of the bulbs will not exceed this limit we proceed as follows;
From the z-table, a z-score of -2.57 cuts off 0.005 in the left tail; given the formula for z-score
(x-μ)/σ
we shall have:
(x-5000)/50=-2.57
solving for x we get:
x-5000=-128.5
x=-128.5+5000
x=4871.50
8 0
2 years ago
In a café, drinks are priced according to what size they are.
Andrei [34K]
A) Gavin’s drinks altogether cost £9.00
1.50+2.50x3
=1.50+7.50
=£9.00
b) Lian gets back £3.50
1.50+2.00+3.00
=6.50

10.00-6.50=£3.50
8 0
2 years ago
Sitting at the edge of a cliff, you throw a stone vertically upward with a velocity of 30 m/s. The height of the stone above the
Oksanka [162]

Answer:

Step-by-step explanation:

Given that,

The function  f(t) = 3t − 0.5t² is the height of the motion of the stone in 10m units

And it's initial velocity is 30m/s

u=30m/s

Using calculation

Let find it turning point

f(t) = 3t − 0.5t²

Then, f'(t) =3-t

f(t)=0

So, 0=3-t

Then t=3secs

So let know the inflection point to show if t=3secs is the maximum point or minimum point

Then, we need second integral of f(t)

f'(t) = 3 − t

f''(t)=-1

Since f''(t) is negative this shows that the point is the maximum point

So at t=3secs is the maximum point,

So now to know the maximum point

f(t) = 3t − 0.5t²

t=3secs

f(t)=3(3)-0.5(3)²

f(t)=9-4.5

f(t)=4.5m

Since f(t) is in 10m units

Then,

The height is f(t) =10×4.5

f(t) =45m

Then the maximum height of the stone is 45m and the time to reach the maximum height is t=3secs

Now, Using equation of motion

Time to reach max height.

v=u-gt.   Upward motion g=9.81m/s2

Final velocity is v=0m/s

0=30-9.81t

-30=-9.81t

t=-30/-9.81

t=3.06secs

t=3.1secs.  To 1d.p

If we have used g=10m/s², it will have the same value as the graph and the maximum and minimum point calculation

Maximum height, using equation of motion

v²=u²-2gH

0²=30²-2×9.81H

-30²=-19.62H

Then,

H=-30²/-19.62

H=45.87

a. From the graph it shows that the maximum value of the is 4.5m at time t=3secs

b. Now, the maximum height of stone as shown on the graph is 4.5m

And since is 10 meter unit scale

Then the height becomes 4.5×10

Maximum height is 45m.

c. The stone will spend two times the time it uses to reach t maximum height to return to the height of the cliff

Time to return back to the cliff is

T=2t

T=2×3

T=6secs

d. If the stone hits the ground after t=7secs

So after the ball reached a maximum height of 45m, he has spent 3secs, so we can calculate the distance the stone travelled from the maximum to the ground

The time is of travel will be 4secs

Then,

Initial velocity is 0, from the point of return at rhe maximum height

S=ut+½gt²

S=0+½×9.81×4²

S=78.48m

So the total distance from the maximum height down to the bottom of the cliff is 78.48m

Then, the height of the cliff is the height from the maximum height to the bottom of the cliff minus the maximum height reach by the stone

Then,

H(cliff)=78.48-45.87

H(cliff)=33.48m

From the graph

At t=7secs

The stone is at a distance of -3.5m

Showing that the height of the cliff

Since it is of 10m units

Then the height of the cliff is

3.5×10=35m

Also

f(t) = 3t − 0.5t² at t=7secs

F(7)=3(7)-0.5(7)²

F(7)=21-0.5×49

F(7)=21-24.5

Then,

f(7)=-3.5m

This shows the downward motion

Since it is 10m unit

The the height of cliff downward is

3.5×10=35m

Height of cliff =35m

3 0
2 years ago
Other questions:
  • We are given that lines a and c intersect at point S. Translate line a down line c until point S reaches point Q. Call the new l
    14·2 answers
  • Angela uses 2/3 cups of strawberries to make 5/6 of a liter of smoothie. What is the unit rate in cups of strawberries per liter
    13·1 answer
  • The region bounded by the given curves is rotated about the specified axis. find the volume v of the resulting solid by any meth
    14·1 answer
  • A cylindrical container of four rubber balls has a height of 20 centimeters and a diameter of 5 centimeters. Each ball in the co
    9·1 answer
  • A toy company produces two kites whose shapes are geomaetrically similar. Find the length of the missing size of similar kite.
    7·1 answer
  • T= 300 (d−15) 2 ​ +20space, T, equals, start fraction, left parenthesis, d, minus, 15, right parenthesis, start superscript, 2,
    7·2 answers
  • A chi-square test for goodness of fit is used to examine the distribution of individuals across three categories, and a chi-squa
    9·1 answer
  • The mean per capita income is 23,037 dollars per annum with a variance of 149,769. What is the probability that the sample mean
    9·1 answer
  • While jumping rope, Juan jumped 24 times in 30 seconds. At this rate, how many times will he jump in 50 seconds?
    10·1 answer
  • Given: ∠XWU ≅ ∠ZVT; ∠ZTV ≅ ∠XUW; TU ≅ VW Triangles Z V T and X W U overlap and intersect at point Y. Angles Z T U and W U W are
    14·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!