Maurice Tutor

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About Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 304 Weeks Ago, 3 Days Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 13 Mar 2018 My Price 4.00

Skye Flyer, Inc.

4.        Size of Accounts Receivable   Skye Flyer, Inc., has weekly credit sales of

$17,300, and the average collection period is 36 days. What is the average accounts receivable figure?

5.        Terms of Sale   A firm offers terms of 1y10, net 30. What effective annual interest rate does the firm earn when a customer does not take the discount? With- out doing any calculations, explain what will happen to this effective rate if:

a.   The discount is changed to 2 percent.

b.   The credit period is increased to 45 days.

c.    The discount period is increased to 15 days.

Answers

Maurice Tutor
(5)
Status NEW Posted 13 Mar 2018 08:03 AM My Price 4.00

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