The following accounts receivable information is for Rouge Company: Required: Is there any cause for alarm in
Question:
The following accounts receivable information is for Rouge Company:
Required:
Is there any cause for alarm in the accounts receivable data for 2012?Explain.
Transcribed Image Text:
2012 2011 2010 Accounts receivable Sales revenue $145,000 S100,000 250,000 240,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (7 reviews)
There is some cause for alarm in the data because Rouges ...View the full answer
Answered By
Nicholas Maina
Throughout my tutoring journey, I've amassed a wealth of hands-on experience and honed a diverse set of skills that enable me to guide students towards mastering complex subjects. My proficiency as a tutor rests on several key pillars:
1. Subject Mastery:
With a comprehensive understanding of a wide range of subjects spanning mathematics, science, humanities, and more, I can adeptly explain intricate concepts and break them down into digestible chunks. My proficiency extends to offering real-world applications, ensuring students grasp the practical relevance of their studies.
2. Individualized Guidance:
Recognizing that every student learns differently, I tailor my approach to accommodate various learning styles and paces. Through personalized interactions, I identify a student's strengths and areas for improvement, allowing me to craft targeted lessons that foster a deeper understanding of the material.
3. Problem-Solving Facilitation:
I excel in guiding students through problem-solving processes and encouraging critical thinking and analytical skills. By walking learners through step-by-step solutions and addressing their questions in a coherent manner, I empower them to approach challenges with confidence.
4. Effective Communication:
My tutoring proficiency is founded on clear and concise communication. I have the ability to convey complex ideas in an accessible manner, fostering a strong student-tutor rapport that encourages open dialogue and fruitful discussions.
5. Adaptability and Patience:
Tutoring is a dynamic process, and I have cultivated adaptability and patience to cater to evolving learning needs. I remain patient through difficulties, adjusting my teaching methods as necessary to ensure that students overcome obstacles and achieve their goals.
6. Interactive Learning:
Interactive learning lies at the heart of my approach. By engaging students in discussions, brainstorming sessions, and interactive exercises, I foster a stimulating learning environment that encourages active participation and long-term retention.
7. Continuous Improvement:
My dedication to being an effective tutor is a journey of continuous improvement. I regularly seek feedback and stay updated on educational methodologies, integrating new insights to refine my tutoring techniques and provide an even more enriching learning experience.
In essence, my hands-on experience as a tutor equips me with the tools to facilitate comprehensive understanding, critical thinking, and academic success. I am committed to helping students realize their full potential and fostering a passion for lifelong learning.
4.90+
5+ Reviews
16+ Question Solved
Related Book For
Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
Question Posted:
Students also viewed these Managerial Accounting questions
-
The following accounts receivable information is for Rouge Company: Required: With the big increase in Allowance for Bad Debts in 2009, Rouge Company is concerned that the creditworthiness of its...
-
The following accounts receivable information is for Trapper Company: Required: 1. With the big increase in Allowance for Bad Debts in 2012, Trapper Company is concerned that the creditworthiness of...
-
The following accounts receivable information is for Kayley Company: Did the creditworthiness of Kayley's customers increase or decrease between 2010 and 2012?Explain. 2012 2011 2010 Accounts...
-
In which control account would you expect to find a provision for doubtful debts?
-
On January 1, 2017, Prestige Corporation acquired 100 percent of the voting stock of Stylene Corporation in exchange for $2,030,000 in cash and securities. On the acquisition date, Stylene had the...
-
On January 2, 2019, P Company, a U.S.-based company, acquired for 2,000,000 francs an 80% interest in SFr Company. On January 2, 2019, SFr Company reported a retained earnings balance of 480,000...
-
Discuss the effects of internationalisation on pricing.
-
Chicagos Hard Rock Hotel distributes a mean of 1,000 bath towels per day to guests at t he pool and in their rooms. This demand is normally distributed with a standard deviation of 100 towels per...
-
7. How can organizations meet the special needs of different groups (e.g., work and family issues) without appearing to show favoritism? 8. How can diversity and inclusiveness give a company a...
-
The trial balance of Dominic Company shown below does not balance. Your review of the ledger reveals that each account has a normal balance. You also discover the following errors. 1. The totals of...
-
The following data are taken from the records of John Spencer Corporation. Required: 1. Compute the following ratios for 2011 and 2012: a. Current ratio b. Debt ratio c. Asset turnover d. Return on...
-
Captain Geech Boating Company sells fishing boats to fishermen. Its beginning and ending inventories for 2012 are $462 million and $653 million, respectively. It had cost of goods sold of $1,578...
-
Using the example from Figure 2.2 as a model, you are required to develop a detailed programme using scientific management techniques for any two of the following simple domestic tasks: Booking an...
-
What assumptions do we make about the distributions of a and b? Why is this important in constructing confidence intervals?
-
Explain the purpose of constructing confidence intervals for the parameters and .
-
Briefly explain what we mean when we say that and are unbiased. Why is unbiasedness an important property in an estimator?
-
You have been hired as a consultant for AT&T. Formulate a mathematical model that could be used to estimate the demand for telephone service.
-
Explain why we often construct interval estimates of forecasts.
-
What are the principal differences between procedural design approaches and object - oriented ones?
-
Carlton Stokes owns and operates a car-detailing business named SuperShine & Detailing. For $150, Carltons business will hand wash and wax customers cars, vacuum the interior, and thoroughly clean...
-
In Example 2B we saw that there was no optimal solution for the problem of maximizing the objective function z over the feasible region S. We want to add an additional constraint to modify the...
-
What is the main disadvantage of discounted payback? Is the payback method of any real usefulness in capital budgeting decisions?
-
Define the term net present value (NPV). What is each franchise's NPV?
-
What is the rationale behind the NPV method? According to NPV, which franchise or franchises should be accepted if they are independent mutually exclusive?
-
Powell Company began the Year 2 accounting period with $18,000 cash, $60,200 inventory, $49,400 common stock, and $28,800 retained earnings. During Year 2, Powell experienced the following events:...
-
Consider the following matrix A: 1 A = -22 -22 3 Use MATLAB to find the eigenvalues of matrix A. The command in MATLAB is [V,D]=eig(A). Where V is the matrix of eigenvalues and D is the matrix of...
-
a. What is the profitability index for the set of cash flows if the relevant discount rate is 11 percent? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g.,...
Study smarter with the SolutionInn App