Selected Financial Statement Data for Oran Company Are Presented Below

question 88

Essay

Selected financial statement data for Oran Company are presented below.
During 2014,net sales were $950,000,and cost of goods sold was $775,000.
a.Compute the following ratios at December 31,2014:
1 Current
2 Acid-test
3 Average collection period
4 Average days to sell inventory
b.Assume credit terms are 2/10,net 30.What conclusion could an analyst draw about the management of accounts receivable?

Identify and correct sentences with parallel structure issues.

Recognize and apply proper punctuation standards in business writing.

Correct improper use of pronoun case.

Identify and correct dangling modifiers.

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Definitions:

Unconscious

The part of the mind that houses memories, desires, and feelings not within the immediate awareness of the individual.

Superego

In psychoanalytic theory, the part of the personality that acts as a moral center, enforcing ethical conduct and societal norms.

Structural Model

A representation that outlines the arrangement and connectivity of components within a system or theory.

Iceberg Model

A metaphor used in psychology and other fields to illustrate that only a small part of a person's mind or situation is visible, while the majority is hidden beneath the surface.