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Dogwell decides to pay its suppliers more quickly to take advantage of discounts and thus acquire its raw materials for a lower price. Dogwell makes...

Dogwell decides to pay its suppliers more quickly to take advantage of discounts and thus acquire its raw materials for a lower price. Dogwell makes no other changes (e.g., it buys the same volume of raw material). Which of the following ratios would be affected by this decision? (select all that apply)

a. Gross margin

b. Days receivable

c. Effective tax rate

d. SG&A-to-sales

e. Days payable


Top Answer

answer is ... View the full answer

1 comment
  • d. SG&A-to-sales, c. Effective tax rate
    • fastest2909
    • Dec 04, 2016 at 10:18pm

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Other Answers

Check here b. Days receivable... View the full answer

1 comment
  • wrong answer
    • heavensentangel91
    • Dec 04, 2016 at 3:42pm

Here is the explanation for... View the full answer

3 comments
  • just one option?
    • heavensentangel91
    • Dec 04, 2016 at 2:47pm
  • yes.
    • Shirlie1010
    • Dec 04, 2016 at 2:51pm
  • don't you think it will be more than one?
    • heavensentangel91
    • Dec 04, 2016 at 2:55pm

Hi.. Find attached file, for answer in response to your... View the full answer

Account Que Response (4).xlsx

Dogwell decides to pay its suppliers more quickly to take advantage of discounts and thus
acquire its raw materials for a lower price. Dogwell makes no other changes (e.g., it buys
the same volume...

1 comment
  • In case you need justification, you can get in touch with me directly.
    • JusticeButterfly1202
    • Dec 05, 2016 at 12:54pm

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