Martin Co. Income Statement For Period Ending Dec. 31, 2021 ($) Revenue $350,000 RM $175,000 Fret In
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Martin Co. Income Statement For Period Ending Dec. 31, 2021 ($) Revenue $350,000 RM $175,000 Fret In $2,000 COGS $177,000 Gross Margin $173,000 Operating Expenses: SalesSal. $80,000 Comm. $2,000 Advert. $3,000 Travel $2,000 Deprectn. $38,000 Total OE $125,000 Operating Margin (Income) $48,000 Interest Expense $10,000 Less: Taxes $13,000 Net Profit (Income) $25,000 Q2 - Part B What is the Current Average Accounts Receivable for 2021 ? if Collection Period Reduced to 30 days ? Current Targeted Performance Performance Sales $0 Average Daily Sales $0 $0 Average Collection Period (Days) 010 Investment in A/R $0 $0 Reduction in A/R
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Accounting For Financial Instruments A Guide To Valuation And Risk Management
ISBN: 9781138237599
1st Edition
Authors: Emanuel Camilleri, Roxanne Camilleri
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