BUAD Chapter 15 Quiz
Question 1
1. Clara's Clothing Store had accounts receivable of $53,261.98 and credit sales of $1,620,052.
Calculate the average collection period. (Round to the nearest day)
16 days
12 days
18 days
14 days
Question 2
1. Voltron Elect
Question 1
1 out of 1 points
Family Flowers employs 17 people, of whom 14 earn gross pay of $640.00 each and 3
earn gross pay of $720.00 each on a weekly basis. What is the employer's share of total
social security and Medicare taxes for the first quarte
MGMT 3311
Spring 2016
Individual Assignments
Guidelines for all assignments
1. Word (.doc) files only.
2.
Your Name Article Review Assignment.doc (Do not deviate from this
title)
3. Cover Sheet with (1) your name, (2) your class, (3) the specific assignme
Hyabuze Jag-errata Ruler“! received Ill ilwoice. dated February 20. 2011. fat suppies lhey ordered Iltat had a lisl price 01 SEEM fru'n a surle thei oﬂetecl a series ciscount of 151314 and carried tam: 01 1'10. U15. N30
jﬂwmuch should Ilte rﬁlawﬂ lemi't i
Question 1 1 out of‘l points
-.- Paciﬁc Products buys merchandise from a supplierfor$1,32 with terms of4t20, ntSU. The invoice is dated October ‘15. On October25, Paciﬁc
sends a partial payment to the supplier of$900. What is the amount that must be paid
Question 1 1 out of1 points
-.- Modern Video buys Blu—ray discs with an invoice price of$30,200, and terms of sale of2f15, nt30. What is the net amount due on the order ifthe
bill is paid bythe 10th day?
Selected Answer: 0 $29,596
Answers: $20,200
$29,08
Chapter 10
Simple interest example
Input info here
What is the amount of interest for a loan of
Interest
= PRT
Interest
=
Principal
5,328.13 =
$15,500
x
x
amount =
Interest =
years =
$15,500
11%
3 1/8
Rate
x
11.00% x
Time
3 1/8
amount =
Interest =
years =
BUAD CH 14 Quiz
1. Mortgage discount costs, added to the cost of a mortgage, allow the
lender to increase the yield without showing an increase in the
mortgage interest rate. FALSE
2. A mortgage applicant who has a monthly gross income of $4,770
applies f
OperationsManagementin ServiceBusinesses
Focusesoncarefullymanagingthe processestoproduceanddistribute productsandservices Activitiesofteninclude
ProductCreation Development Production Distribution
Natureandconsumptionofoutput Uniformityofinputs Unifo