Question: Can someone please give me an example on how to solve these using the table and functions below? I just cannot figure out how to
Can someone please give me an example on how to solve these using the table and functions below? I just cannot figure out how to do it with the t's! Thank you in advance.
| 2018 | 2019 | |
| Sales | $10,000 | $15,000 |
| Cost of Sales | $14,000 | $18,000 |
| Accounts Receivable | $8,000 | $21,000 |

Day's sales in receivables: (Accounts Receivable t/ Sales t)/( Accounts Receivable t1/ Sales t1)= (Accounts Receivable t/ Sales t ) / (Accounts Receivable t1/ Sales t1 ) Index for manipulators: 1.5 to 1 Gross margin: [( Sales t1 - Cost of Sales t1)/ Sales t1]/[( Sales t - Cost of Sales t)/ Sales t]= Index for manipulators: 1.2 to 1 Sales growth: Sales t / Sales t-1 Manipulators: 1.6 Non-manipulators: 1.10
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