For the past year, Hawkeye, Inc., had a cost of goods sold of $60,382. At the end of the year, the accounts payable balance was $13,489. How long on average did it take the company to pay off its suppliers during the year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Answers

Answer 1

It will take the company (Hawkeye, Inc.) to pay off its suppliers during the year 81.47 days

What is payable turnover?

The accounts payable turnover is what measure how fast a business makes payments to creditors and suppliers in which it grant credit.

Payables turnover

= Cost of goods sold / Accounts payable

= $60,382 / $13,489

= 4.48 times

Now we can use the payables turnover to find the days' sales in payables as:

Days' sales in payables

= 365 days / Payables turnover

= 365 days / 4.48

= 81.47 days

Hence, it will take the company to pay off its suppliers during the year  81.47 days

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Related Questions

what type of economic system does cubs have

Answers

Answer:

the economy of cuba is a mixed command dominated by state-run enterprises most of the labor force is employed by the state.

what is value laden exchange?​

Answers

Answer:

A value exchange is a description of a transaction which can include, but may not necessarily be, financial in nature. Examples of a value exchange between a brand and a customer can include: The trading of money for goods or services (a straightforward financial transaction)

Explanation:

An article in the Economist observed that "people of all ages would gain from policies that boosted growth and productivity."
Source: "Slower Growth in Ageing Economies Is Not Inevitable," Economist, March 28, 2019.
a. What do people gain when the economy experiences growth and improved productivity?
O A. Real wages increase when workers produce more output per hour.
O B. In general, increased productivity and economic growth are the key to rising living standards.
C. Workers receive higher real wages that allow them to buy more of the goods and services that firms produce.
D. Only A and B are correct.
O E. All of the above are correct.
b. Does increasing productivity automatically increase growth? Briefly explain.
O A. No, accumulating more inputs—such as labor, capital, and natural resources is the key to automatically increasing growth.
B. No, this assumption only holds true for high-income countries like the United States.
C. Yes, increasing productivity should automatically increase growth as measured by nominal GDP.

Answers

A. When the economy experiences growth and improved productivity, E. All of the above are correct.

b.  accumulating more inputs—such as labor, capital, and natural resources is the key to automatically increasing growth.

What is economic growth?

This is a growth that exists in an economy due to the fact that there is an increase in the number of goods and services that are produced in the economy.

The growth is measured with comparison between two different periods of time.

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Expansionary fiscal policy to prevent real GDP from falling below potential real GDP would cause the inflation rate to be ________ and real GDP to be ________.

Answers

Expansionary fiscal policy to prevent real GDP from falling below potential real GDP would cause the inflation rate to be _higher_and real GDP to be higher.


What is Expansionary fiscal policy ?

Expansionary fiscal policy can be defined as the type of fiscal policy in which government intend to increase the aggregate money supply while on the other hand cut or reduce the tax rate for the purpose of economy growth.

In a situation were real GDP fall below potential real GDP this tend to lead to increase in both inflation rate and real GDP.

Inconclusion the inflation rate will be _higher_and real GDP will be higher.

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What Type Of Packaging Are Cardboard Mailer Boxes In the USA?

Answers

Package are cardboard maker for mails in the United States of America

Roger is engaging in HR planning. He is trying to predict what human resources will be needed in the coming year in his organization. Roger is engaged in Multiple Choice forecasting. goal setting. program implementation. program evaluation. performance evaluation.

Answers

The activity in which Roger is engaged in is called program evaluation.

What is Program Evaluation?

This refers to the ability to make predictions about the things which are needed for a program to run successfully.

Hence, because Roger is involved in Human Resources planning and he is trying to predict what human resources will be needed in the coming year in his organization, then he is engaged in program evaluation.

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A leverage ratio is any one of several financial measurements that look at how much capital a firm holds in relation to its total assets. For our purposes we define the bank's leverage ratio as equity capital divided by total assets.*

Go to the St. Louis Federal Reserve FRED database, and find data on assets less liabilities, i.e. bank capital (RALACBM027SBOG), and total assets of commercial banks(TLAACBM027SBOG). Starting in January 1995 until December 2018, calculate the bank leverage ratio and create a line graph of the leverage ratio over this sample (include the graph you created with your submission). Given the path of bank leverage over time, what can you conclude about moral hazard in the banking system over the time period considered?



* - Just to show how nebulous is the definition of the leverage ratio, the inverse of this ratio is also called a leverage ratio in other contexts.

Answers

Based on the data given in the database, the leverage ratios from 1995 to 2018 are:

1995 - 0.0828691996 - 0.0571421997 - 0.0571421998 - 0.0450941999 - 0.0410832000 - 0.0401612001 - 0.0448272002 - 0.046132003 - 0.0492422004 - 0.0555492005 - 0.0638062006 - 0.0671562007 - 0.0703862008 - 0.0698252009 - 0.0742352010 - 0.1132942011 - 0.1136462012 - 0.1147882013 - 0.1109412014 - 0.1078432015 - 0.1087832016 - 0.1095192017 - 0.1103212018 - 0.109845

What does the data show?

The leverage ratios shown above are yearly averages calculated by averaging the monthly leverage ratios.

Monthly leverage ratio:
= Bank capital / Assets of commercial banks

The attached line graph shows that moral hazard has increased overtime as banks have taken on more risk.

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what is micro environment​

Answers

The middle layer of elements in a firms  external environment, primarily concerned with a firms industry situation.

The micro marketing environment consists of certain forces that are part of an organisations marketing process, but remain external to the organisation. This micro marketing environment that surrounds organisations can be complex by nature, however, the company has an element of control over how it operates within this environment.

A $1,000 bond quoted at _____ would be purchased or sold at a discount.

a. 110
b. 100
c. 98
d. 105

Answers

A $1000 bond quoted at 98 would be purchased or sold at a discount
The answer is 98 , if the bond is sold above 100 it will be premium

GIVING BRAINLIEST!!
2 Questions
Questions Attached

Answers

1a) The pre-split market capitalization for Gm Corporation is $583.2 million ($129.60 x 4.5 million).

1b) The post-split number of shares is 11.25 million shares (4.5 million x 5/2).

1c) The post-split market price per share for GM Corporation is $51.84 ($129.60 x 2/5).

1d) The post-split market capitalization for GM Corporation is $583.2 million ($51.84 x 11.25 million).

What is a Stock-Split?

A stock split divides a company's shares into more number of shares.  By this division, the number of shares are increased while the share price is lowered.

For example, GM Corporation's 5-for-2 stock split increases its outstanding shares from 4.5 million shares to 11.25 million shares.

Similarly, Burger Chain's 3-for-1 stock split, will increase the outstanding number of shares while reducing the price from $48.81 to $16.27.

Data and Calculations:GM Corporation:

Business initiative = 5-for-2 stock split

Price before split = $129.60

Outstanding number of shares = 4.5 million

New number of shares = 11.25 million (4.5 million x 5/2)

a) The pre-split market capitalization for Gm Corporation is $583.2 million ($129.60 x 4.5 million).

b) The post-split number of shares is 11.25 million shares (4.5 million x 5/2).

c) The post-split market price per share per share for GM Corporation is $51.84 ($129.60 x 2/5).

d) The post-split market capitalization for GM Corporation is $583.2 million ($51.84 x 11.25 million).

Burger Chain:

Business initiative = 3-for-1 stock split

Price before split = $48.81

Dividend per share = $2.07

2a) The new price of one share after the split for Burger Chain is $16.27 ($48.81 x 1/3).

2b) The new dividend after the split is $0.69 ($2.07 x 1/3).

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The Sealing Company has 1,500 bonds outstanding that are selling for $1,060 each. The company also has 5,000 shares of preferred stock at a market price of $32 each. The common stock is priced at $26 a share and there are 36,000 shares outstanding. What is the weight of the common stock as it relates to the firm's weighted average cost of capital?

Answers

The weight of the common stock as it relates to the firm's weighted average cost of capital is 35%.

What is the weighted average cost of capital?

The weighted average cost of capital computes a firm's cost of capital based on the firm's average cost of capital from all sources: common stock, preferred stock, bonds, and other forms of debt.

The weight of the common stock can be determined by dividing the common stock market value by the total capitalization from all sources.

Data and Calculations:

Outstanding:

Bonds payable = $1,590,000 (1,500 x $1,060)

Preferred stock = $160,000 (5,000 x $32)

Common stock = $936,000 (36,000 x $26)

Total debts and equity = $2,686,000

Weight of common stock = 35% ($936,000/$2,686,000 x 100)

Thus, the weight of the common stock as it relates to the firm's weighted average cost of capital is 35%.

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When the price level in the United States rises relative to the price level of other countries, __________will rise, ________ will fall, and ________ will fall.

Answers

When the price level in the United States rises relative to the price level of other countries, imports will rise, exports will fall, and net exports will fall.

Effect of Relative Price Level on Exports and Imports

Imports would increase if the US price level falls relative to other countries' pricing because imported items became cheaper.

Exports in the United States would decrease if the price of goods in the United States increases relative to other countries.

Because import would surpass export, net export which is export minus import would fall.

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The determination of the productivity of the inputs utilised in the manufacturing process is a critical component of management decision making. As we will see, these metrics are advantageous for assessing the performance of a manufacturing process and making profit- maximizing input selections. Total product, average product, and marginal product are the three most significant metrics of productivity. Explain with appropriate example.

Answers

The significance of Total product, Average product, and Marginal product is that they show how effective, and efficient a manufacturing process is.

How do these metrics show productivity?

Taking the labor component in production as an example, one can see the impact of these metrics.

The total product will show just how much goods and services in total that the given amount of labor was able to produce. This gives management an idea of the effectiveness of the labor in producing goods and services.

The average product then shows how efficient labor is because it gives an idea of the products produced per labor.

Marginal product is very important as well because it helps management to know when to stop hiring labor. This point will be the production level that sees the marginal product being less than the cost of hiring additional labor.

These three metrics are therefore important to management because they help to determine effectiveness, efficiency, and cost of production.

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Personal and business finances should be kept separate.
True
False

Answers

Answer:

(True) It is accurate that personal and business finances should be kept separate.

Explanation:

Though there are various advantages to keeping your personal and company finances separate, tax and personal security issues are two of the most essential. Keeping track of company spending for tax purposes is significantly easier when you have a separate business account and separating your business and personal funds might be a burden, but it can also assist safeguard your assets in the event of legal action.

All of the following statements regarding “barter” are true EXCEPT:

It is efficient in terms of resources used.


Its widespread use is limited.


It is an exchange system where goods trade for goods.


Since it requires you to find someone willing to trade, it can be time consuming

Answers

Answer:

1

Explanation:

"It is efficient in terms of resources used."

It is false.

What are the similarity and common characteristics of regulation, rule and policy?

Answers

Answer:

Policies are the rules and regulations that serve as a guiding principle for the organization while making decisions. On the other hand, procedures are the precise steps that are followed while carrying out an organization activity.

There is always a relation between them: Policies are rules that are made by organizations, to achieve their aims and goals. Policies are made by individuals, groups, companies, and even governments to carry out their plans. Regulations are rules that are made to make people comply and behave in a certain manner.

There is usually a relationship between rules, regulations, and Policies.

What is the relation between Policy and Regulations?

Policies are rules that might be made through organizations, to reap their objectives and goals.

Policies are made through individuals, groups, companies, or even governments to perform their plans. Regulations are rules that might be made to make humans comply and behave in a sure manner.

Hence, these are the similarities and common characteristics of regulation, rule, and policy.

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Which benefit is the result of specialization?
Oincreased efficiency
O control of the business cycle
O development of new markets
O incentive to work harder

Answers

Answer:

The Answer is D

Explanation:

Answer:

Which benefit is the result of specialization? increased efficiency

this was correct for this question took the test

Explanation:

took the test

Which benefit is the result of competition?  Incentive to work harder

The charge by one department to another for goods and services delivered to the department is called what?​

Answers

Answer:

Transfer pricing is an accounting practice that represents the price that one division in a company charges another division for goods and services provided.

how do we affect the economy?

Answers

human settlement and migration, the gathering of raw materials, and the manufacturing of finished products.

As general price levels rise, the value of money
O is not affected
O stays the same
O rises
falls

Answers

Answer:

The value of money falls

Explanation:

When the general price of products rise, otherwise known as inflation, money can buy less of it. Therefore its value decreases.

Q1: In about 200 words, write an essay analyzing the below case study using the SWOT framework.
• Students are required to define each key concept (SWOT) and to identify 4 strengths, 4 weaknesses, 2 opportunity, and 2 threats. Then to write an analytical text for the case study. Then to write an analytical essay for the case study. (60%)


Nike’s Goddess
Could a famously masculine company finally click with female customers? That was the challenge behind Nike Goddess, whose goal was to change how the company designed for, sold, and communicated with women.
In its 30-year history, Nike had become the undisputed leader in sports marketing. But beneath the success was an Achilles’ heel. Nike is named after a woman – the Greek goddess of victory – but for most of its history, the company had been perceived as being mostly about men. Could Nike do more to realize the full potential of female customers? And how could it afford not to, given the threats to its future with Air Jordan running out of air and brands like Skechers digging into the teen market with shoes inspired by skateboarding, not basketball. That was the huge question at Nike HQ. The launch of Nike Goddess was the makings of an answer.
Just Doing It Differently
For much of its history, Nike’s destiny was controlled by its founders, Phil Knight and his running buddies, who signed up athletes in locker rooms and made the executive decisions. But by throwing together a diverse team of people with different backgrounds and different levels of seniority, Nike has found that it can keep many of its core attributes while adding new sources of inspiration. Take the combination of star designer John Hoke and newcomer Mindy Grossman, vice president of global apparel. Hoke designed the look and feel of the first Nike Goddess store. Then Grossman, whose career has included helping make Ralph Lauren into a retail icon, pitched1 the design ideas to Nike’s top retailers as stores within stores. Now it looks like Nike has a chance to reach a crucial objective: double its sales to women by the end of the decade.
How to Sell to Women
Nike Goddess began as a concept for a women-only store, and there’s a reason why. Many of the retail settings in which the company’s products were found were a turnoff to female customers: dark, loud, and harsh – in a word, male. In sharp contrast, the Nike Goddess stores have the comforting feel of a woman’s own home.
How to Design for Women
Designing a new approach to retail was only one element in Nike’s campaign. Another was redesigning the shoes and clothes themselves. Nike’s footwear designers worked on 18-month production cycles – which made it hard to stay in step with the new styles and colors for women. The apparel group, which worked around 12-month cycles, was better at keeping up with fashion trends. But that meant that the clothes weren’t coordinated with the shoes – a big turnoff 2 for women.
How to Talk to Women
When Jackie Thomas, Nike’s US brand marketing director for women, first heard the phrase ‘Nike goddess,’ she wasn’t impressed. ‘I don’t like talking to women through gender,’ she says. Nike Goddess had to mean something to women and it was her job to make that happen. ‘Women don’t need anybody’s permission. We are at our best when we are showing women a place where they didn’t think they could be.’ For John Hoke, the real power of Nike Goddess is not about traffic at stores. It’s about changing minds inside the company. ‘I knew that Goddess could galvanise3 us,’ he says, ‘It was an opportunity to redefine and re-energies our entire brand around a market that was taking off.’






Q2: In about 200 words, write an essay analyzing the STEEPLE Module .
Students are required to define each key concept (STEEPLE) and to illustrate all concepts with examples. (40%)

Answers

Essay writing is given to students in order to test their writing and reading skills.

How to write an essay?

Based on the information given, the way to write the essay will be given. Firstly, it's important to decide on your topic. In this case, it is an essay analyzing the STEEPLE Module.

Research should be done on the topic and create an essay outline.  STEEPLE stands for social, technological, economic, environmental, political, legal, and ethical. Set your argument in the introduction and develop it with evidence.

Finally, check the content, grammar, formatting, and spelling of your essay.

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Why should an entrepreneur do a feasibility study for starting a new venture

Answers

Answer:

Because a feasibility study assists entrepreneurs in understanding the market, the budget needed to launch a company, the liquidity factors of a business endeavor, and the return on investment in the initiative.

Why is it important to use multiple methods of both broadcast and online media advertising?

Answers

Answer: Broadcasting in many ways is the best to get the news out to people about what is happening. Along with what is being advertised to the public.

Explanation: The reason is because it allows for wider exposure to advertise the products and services. People can use TV or video advertisements, newspapers, postcards, flyers, social media posts/streams, or they can even tell people about what they are broadcasting, and the more news that spreads, then the more attention broadcasts and online advertisements they gain! I hoped this helped! :)

Which budget items (costs) would you include and exclude in your training budget?

Answers

Some of the items that should be included in a budget includes:

Groceries.Housing.Basic utilities.Transportation.Insurance, etc.

What is a Budget?

This refers to the use of financial planning to make provisions for finance and income.

Hence, we can see that budget is made with the aim of making sound financial decisions that would keep one out of insolvency and extreme debt.

Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.

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A company that deals in breakfast cereals advertises that its products contain all the essential nutrients necessary for the proper growth and development of children. This is an example of:

Answers

A company that advertises the benefits of its products in relation to essential nutrients for health and development is using a physiological appeal.

What are physiological appeals?

They can be understood as triggers used by companies to highlight aspects of their products and services that may be attractive to their target audience.

Therefore, by highlighting the nutrients contained in its breakfast cereal, the company uses the physiological appeal to attract more consumers and increase product reliability.

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Analyse why the social benefit of education exceeds the private benefit

Answers

There are many benefits of education, it is very important in different fields and it is also very important in your private life, if you are educated then your next generation will not have any problem and you too will be a good.

Any unamortized premium is reported on the balance sheet

a. as a deduction from the face amount of the bonds.
b. as an addition to the face amount of the bonds.
c. as a stand-alone line item.
d. netted with bonds, showing only the carrying amount.

Answers

B. As an addition to the face amount of the bonds

Suppose eating four apples has a marginal benefit of $5 and the cost for each apple is $3. The optimal choice is
a. eating four apples.
b. eating more than four apples.
c. eating less than four apples.

Answers

i believe it would be A

What does it mean to become a master adaptive learner and why is this
important?

Answers

Answer:

Hi

Explanation:

A master adaptive learner is someone that uses an approach to self-regulated learning that leads to development. This is important because this can give you a growth mindset and motivation.

Ken, a real estate agent, assures Lily that a certain parcel of commercial property fronts on the most highly trafficked street in Metro City. Lily buys the property and then discovers that the street has no more traffic than any other in its vicinity. Lily may recover damages for

Answers

Lily is a victim of fraudulent misrepresentation and may recover damages for her down payment.

What is Fraud?

This refers to the use of false pretexts to get something from someone or close a deal and is considered a criminal offense.

Hence, based on the fact that Ken, the real estate agent was not truthful in his assertion about the traffic rate in the property he was about to sell, then Lily is a victim of fraud and may recover damages for her down payment

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What important milestone occurred as a result of the Soviets' use of the R-7rocket?A. The first space-based telescope achieved orbit.B. The first artificial satellite orbited Earth.C. The first human traveled to space.D. The first measurements of radiation in space were made. WWrite a short (500 word) essay in which you take a clearposition on whether or not literary classics should becensored or edited for students to remove dangerous andoffensive content. You must include in-text citations as youwrite and a Works Cited in MLA format at the end of yourdocument. You must use at least 2 of the provided sources and at least 1researched source.Should literary classics be censored or edited thats the question for the essay What is the ph of a solution made by mixing 30.00 ml of 0.10 m acetic acid with 50.00 ml of 0.100 m koh? assume that the volumes of the solutions are additive. k a = 1.8 10-5 for ch3co2h. This photograph of African American sharecroppers was taken around 1900: A photograph shows an African American man and woman picking cotton in a large field. There are trees in the background and a large basket full of cotton in the foreground. Kean Collection / Getty Images / Universal Images Group/ Image Quest 2015 Which of the following conclusions can be drawn about the man in this image? He spent most of his time growing food for his family. He was likely to own the land he farmed and his house. Why did Thucydides criticize the Delian League? what is computer what is computer 62. Write formulas for the following substances anddesignate their physical states.a. nitrogen dioxide gasb. liquid galliumc. barium chloride dissolved in waterd. solid ammonium carbonate What is the division expression that is the same as 1/5 * 1/4 ?A. 1/5 divide by 2B. 1/5 divide by 3C. 1/5 divide by 4D. 1/5 divide by 5 Evaluate the expression for x = 3 and y = 6.5(x2 + y) + y2 (In this exercise you are going to complete this paragraph by filling in the blanks with thecorrect form of one of the verbs, the one that makes more sense according to themeaning and context of the sentence. Here you will see the entire paragraph, followedby the individual question with each sentence.)Choose from these verbs: aburrir, gustar, interesar, encantar, disgustar.Remember to use the correct form! While there may be more than one wayto do these, work to get the best representation. What is one of the main responsibilities of the environmental protection agency (epa)?writing environmental regulations for businesses and people to followdesigning advertisements to persuade people to protect the environmentplanting trees in areas destroyed by wildfiresaiding people when natural disasters like hurricanes occur which statement is true about credit cards? Match each adjective with its opposite.1. barato2. cmodo 3. rpidoa lentob. incmodoC. caro Which of the following statements about Latin American governments is false?A. Most countries have written constitutions. B. Most countries have strong executive branches and weaker legislatures. C. Most countries are military dictatorships. D. At least one country has an authoritarian dictatorship. Please select the best answer from the choices providedABCD What is the ph of a solution of h2so4 that has [h3o ] = 5.45 105 m? Equivalent expressions: negative numbers & distribution5 stars for correct answersHave a wonderful day and never forget to love yourself :) An oligopoly can be described as an industry in which _____ .Select one:a) 7-9 companies produce half of the outputb)one company produces most of the outputc)3-5 companies produce most of the outputd)7-9 companies produce most of the output If the given is DEFG is a kite how do I prove that triangle EFH is congruent to triangle GFH "The Rime of the Ancient Mariner" by Samuel Taylor Coleridge tells the tale of a sailor on a long, sea voyage. In the stanza below, the sailor describes being stranded in a sea of undrinkable salt water with nothing to quench his thirst. Evaluate whether or not the term "absolute monarchy" accurately describes Louis XIV's rule.