EBK BUSINESS MATH
11th Edition
ISBN: 8220103633802
Author: NOBLE
Publisher: RENT PEARS
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Chapter 21.1, Problem 2-3SC
To determine
To calculate: A comparative balance sheet for Rayco for December 2015 and 2016 by application of information provided in exercise 3 and 4.
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The 2020, 2021, and 2022 partial balance sheets for Ottoman Manufacturing Company appear below.
2020
2021
2022
Current assets
Cash
$20000
$ 16000
$ 14000
Accounts receivable, net
28000
20000
24000
Inventory
22000
30000
28000
Total current assets
70000
66000
66000
Plant & equipment, net
62000
60000
40000
Total assets
$132000
$126000
$106000
Net credit sales for Ottoman were $126000 for 2020, $120000 for 2021, and $114000 for 2022, while the cost of goods sold was $84000 for 2020, $82400 for 2021, and $72500 for 2022.What is the average number of days to sell inventory for 2022?
(a) 133 days
(b) 137 days
(c) 141 days
(d) 146 days
A vehicle, which costs OMR 4049, has a life of 1 year and no salvage value, then what is the capitalized cost if
money is worth 14% ?
O OMR 4049
OMR 3759.786
O OMR 32970.429
O OMR 4338.214
OMR 6941.143
Chapter 21 Solutions
EBK BUSINESS MATH
Ch. 21.1 - Prob. 1-1SCCh. 21.1 - Prob. 1-2SCCh. 21.1 - Prob. 1-3SCCh. 21.1 - Prob. 1-4SCCh. 21.1 - Prob. 2-1SCCh. 21.1 - Prob. 2-2SCCh. 21.1 - Prob. 2-3SCCh. 21.1 - Prob. 2-4SCCh. 21.1 - Prob. 3-1SCCh. 21.1 - Prob. 3-2SC
Ch. 21.1 - Prob. 3-3SCCh. 21.1 - Prob. 3-4SCCh. 21.1 - Prob. 1SECh. 21.1 - Prob. 2SECh. 21.1 - Prob. 3SECh. 21.1 - Prob. 4SECh. 21.1 - Prob. 5SECh. 21.1 - Prob. 6SECh. 21.1 - Prob. 7SECh. 21.1 - Prob. 8SECh. 21.1 - Prob. 9SECh. 21.1 - Prob. 10SECh. 21.1 - Prob. 11SECh. 21.1 - Prob. 12SECh. 21.2 - Prob. 1-1SCCh. 21.2 - Prob. 1-2SCCh. 21.2 - Prob. 1-3SCCh. 21.2 - Prob. 1-4SCCh. 21.2 - Prob. 2-1SCCh. 21.2 - Prob. 2-2SCCh. 21.2 - Prob. 2-3SCCh. 21.2 - Prob. 2-4SCCh. 21.2 - Prob. 1SECh. 21.2 - Prob. 2SECh. 21.2 - Prob. 3SECh. 21.2 - Prob. 4SECh. 21.2 - Prob. 5SECh. 21.2 - Prob. 6SECh. 21.2 - Prob. 7SECh. 21.3 - Prob. 1-1SCCh. 21.3 - Prob. 1-2SCCh. 21.3 - Prob. 1-3SCCh. 21.3 - Prob. 1-4SCCh. 21.3 - Prob. 1-5SCCh. 21.3 - Prob. 1-6SCCh. 21.3 - Prob. 1-7SCCh. 21.3 - Prob. 1-8SCCh. 21.3 - Prob. 1-9SCCh. 21.3 - Prob. 1-10SCCh. 21.3 - Prob. 1SECh. 21.3 - Prob. 2SECh. 21.3 - Prob. 3SECh. 21.3 - Prob. 4SECh. 21.3 - Prob. 5SECh. 21.3 - Prob. 6SECh. 21.3 - Prob. 7SECh. 21.3 - Prob. 8SECh. 21.3 - Prob. 9SECh. 21.3 - Prob. 10SECh. 21 - Prob. 1ESCh. 21 - Prob. 2ESCh. 21 - Prob. 3ESCh. 21 - Prob. 4ESCh. 21 - Prob. 5ESCh. 21 - Prob. 6ESCh. 21 - Prob. 7ESCh. 21 - Prob. 8ESCh. 21 - Prob. 9ESCh. 21 - Prob. 10ESCh. 21 - Prob. 11ESCh. 21 - Prob. 12ESCh. 21 - Prob. 13ESCh. 21 - Prob. 14ESCh. 21 - Prob. 15ESCh. 21 - Prob. 16ESCh. 21 - Prob. 17ESCh. 21 - Prob. 18ESCh. 21 - Prob. 19ESCh. 21 - Prob. 20ESCh. 21 - Prob. 21ESCh. 21 - Prob. 22ESCh. 21 - Prob. 23ESCh. 21 - Prob. 24ESCh. 21 - Prob. 25ESCh. 21 - Prob. 26ESCh. 21 - Prob. 1PTCh. 21 - Prob. 2PTCh. 21 - Prob. 3PTCh. 21 - Prob. 4PTCh. 21 - Prob. 5PTCh. 21 - Prob. 6PTCh. 21 - Prob. 7PTCh. 21 - Prob. 8PTCh. 21 - Prob. 9PTCh. 21 - Prob. 10PTCh. 21 - Prob. 11PTCh. 21 - Prob. 12PTCh. 21 - Prob. 1CTCh. 21 - Prob. 2CTCh. 21 - Prob. 3CTCh. 21 - Prob. 4CTCh. 21 - Prob. 5CTCh. 21 - Prob. 6CTCh. 21 - Prob. 7CTCh. 21 - Prob. 8CTCh. 21 - Prob. 9CTCh. 21 - Prob. 10CTCh. 21 - Prob. 11CTCh. 21 - Prob. 1CPCh. 21 - Prob. 2CPCh. 21 - Prob. 3CPCh. 21 - Prob. 1CS1Ch. 21 - Prob. 2CS1Ch. 21 - Prob. 3CS1Ch. 21 - Prob. 1CS2
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