Kim mitchell, the new credit manager of the vinson corporation, was alarmed to find that vinson sells on credit terms of net 90 days while industry-wide credit terms have recently been lowered to net 30 days. on annual credit sales of $2.15 million, vinson currently averages 95 days of sales in accounts receivable. mitchell estimates that tightening the credit terms to 30 days would reduce annual sales to $2,025,000, but accounts receivable would drop to 35 days of sales and the savings on investment in them should more than overcome any loss in profit. assume that vinson’s variable cost ratio is 60%, taxes are 40%, and the interest rate on funds invested in receivables is 17%. the data has been collected in the microsoft excel online file below. open the spreadsheet and perform the required analysis to answer the questions above.

Steffi is reviewing various licenses and their uses. match the licenses to their respective uses. you are eligible to work within the state. you are eligible to sell limited investment securities. you are eligible to sell fixed income investment products. your compensation is fee based. section 6 section 7 section 63 section 65

Emily spent her summer vacation in buenos aires, argentina, where she got plastic surgery for a fraction of what it would cost in the united states. this is an example of:

Transactions on april 1 of the current year, andrea byrd established a business to manage rental property. she completed the following transactions during april: opened a business bank account with a deposit of $45,000 from personal funds. purchased office supplies on account, $2,000. received cash from fees earned for managing rental property, $8,500. paid rent on office and equipment for the month, $5,000. paid creditors on account, $1,375. billed customers for fees earned for managing rental property, $11,250. paid automobile expenses for month, $840, and miscellaneous expenses, $900. paid office salaries, $3,600. determined that the cost of supplies on hand was $550; therefore, the cost of supplies used was $1,450. withdrew cash for personal use, $2,000. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300)