Accounts receivable turnover and days’ sales in receivables

CP 9-6. Accounts receivable turnover and days’ sales in receivables Best Buy is a specialty retailer of consumer electronics, including personal computers, entertainment software, and appliances. Best

CP 9-6. Accounts receivable turnover and days’ sales in receivables

Best Buy is a specialty retailer of consumer electronics, including personal computers, entertainment software, and appliances. Best Buy operates retail stores in addition to the Best Buy, Media Play, On Cue, and Magnolia Hi-Fi websites. For two recent years, Best Buy reported the following (in millions):

                                                                                        Year2                       Year1

Sales                                                                                39, 528                   40,339

Accounts Receivable at the end of the year                1,162                     1,280

Assume that the accounts receivable (in millions) were $1,308 at the beginning of fiscal Year 1.

Compute the accounts receivable turnover for Year 2 and Year

1. Round to two decimal places.

2. Compute the days’ sales in receivables at the end of Year 2 and Year 1. Use 365 days and round to one decimal place.

3. What conclusions can be drawn from (1) and (2) regarding Best Buy’s efficiency in collecting receivables?

4. What assumption did we make about sales for the Best Buy ratio computations that might distort the ratios and therefore cause the ratios not to be comparable for Year 2 and Year 1?

Description of the Fire

SUGGESTED OUTLINE: Front Matter (cover page, table of contents) Introduction, to include a brief summary and a hint as to your key observations Description of the Fire, to include item 2 above Influence of the Built Environment, to include item 4 above Influence on the Built Environment, to include item 5 above Conclusions, to include your thoughts on, for example, any particularly interesting thoughts or observations you have on the fire and its relationship to cultural or functional design decisions or systems. Back matter (a reference list with complete bibliographic records for any sources including the book you read and auxiliary sources (items 1 and 3), your review (item 6), and other relevant information you wish to include).

ANTICIPATED RUBRIC: 0 – The report is turned in later than the assigned due date/time.

F (59 and below) – The report is not turned in, is turned in after the due date/time, or is turned in before the due date/time without answering the guiding questions in a way that they can be found. There is little evidence that the writer read the assignment. The report is written in an unprofessional tone and/or with so many errors in English spelling and grammar, and/or in fact, that it cannot be understood. The writer makes no effort to help the reader find things with things such as an accurate table of contents, section headings, etc.

D (60-69) – The report is turned in before the due date/time. Of the guiding questions, only 1 is answered clearly and well, in a way that it can be found. The report is mostly written in a professional tone, with many errors in English spelling and grammar. Some concepts introduced or reviewed in the class are correctly used, but there are several errors in fact or areas left incomplete. In spite of these problems, the report can still be generally followed. Some efforts to guide the reader are provided. The report is shorter than the minimum length or violates format to expand a shorter work, or the report is much longer than the maximum length.

C (70-79) – The report is turned in before the due date/time. Of the guiding questions, only 2 are answered clearly and well, in a way that they can be found. The report is written in a professional tone, with few errors in English spelling and grammar. There are minor errors in fact or areas left incomplete, but for the most part the concepts introduced or reviewed in the class are correctly used. The report addresses the questions asked, but evidences little beyond the minimum effort required, and the report, while complete, is boring and/or overlong. It is possible to find things easily via guidance provided to the reader.

B (80-89) – The report is turned in before the due date/time. Of the guiding questions, all are answered clearly and well, in a way that they can be found. The report is written in a professional tone, with rare errors in English spelling and grammar. There are no errors in fact or areas left incomplete. The report addresses the questions asked, with some evidence of effort to understand the subject and convey it to the reader. It is possible to find things easily via guidance provided to the reader. Ideas presented in the book are related to corresponding ideas from the classroom.

A (90 and above) – The report is turned in before the due date/time. Of the guiding questions, all are answered clearly and well, in a way that they can be found. The report is written in a professional tone, with only one or two errors in English spelling and grammar. There are no errors in fact or areas left incomplete. The report addresses the questions asked, and goes beyond by evidencing interest in the subject, additional research into the event, and is interesting and engaging to read. Very specific concepts from the class are applied to the reading in new ways, and/or original examples are used to illustrate concepts from the reading. The report is well organized and clear.

Human Rights Educational Flyer

For this assignment, you will create an educational flyer on a single current human rights issue.  You are free to choose a human rights issue that interests you from UN Human Rights list HERE.  Gun rights pro/con and abortion pro/con cannot be used.  The flyer topic also needs to be based on a current issue, not a historical event.

The flyer will be created in Microsoft Word.  The first page of your Word document will be the flyer; the flyer is to be one page in length only.  The second page of your Word document will contain your 7 sentences (see below) and MLA formatted works cited page including your researched information and image sources.  While you will include researched support, the majority (80%) of the flyer’s text content must be in your own original words.

The flyer must include:

2 images only, no more and no less.  A picture of a quote is not considered an image.

At least 7 sentences of text including a topic sentence identifying and explaining the human rights issue, support, and solutions for the problem that the flyer’s readers can enact.

Business Letter Writing Assignment

Please go through all the links thoroughly which are mentioned in the following document. I want everything to be included in the very assignment as instructed by my professor. Also, once you send me the complete assignment, I have to send it to my professor for review and then she will comment on it. After that, I will have to correct and submit it in couple of days. Therefore, again I will send that document with my professor’s comments to you and you have to add and remove the information on the basis on those comments and send it to me. Please include everything when you do it for the first time and do it as per my professor’s instructions precisely so that I would not get too many comments and  The deadline for the first document is September 13, 2018. So, I need the complete assignment before the deadline. Please find the assignment which is attached below.

Business Letter Writing Assignment

Business letters are written messages to a person or group within a professional setting. Business letters are used when the writer would like to be formal and professional. Letters may vary in length depending on the writer’s objective, purpose, and message of the letter.

The letter can address anyone including, but not limited to: clients and customers, managers, agencies, suppliers, and other business personnel or organizations.

It is important to remember that any business letter is a legal document between the interested parties.

The business letter writing assignment lecture and instructions are located in this link.

https://softchalkcloud.com/lesson/serve/zgVaIJctBdDykv/html Review the grading rubric before you begin to write. Make sure you meet all the requirements of the assignment https://softchalkcloud.com/lesson/serve/iWgUHVmIal9KsR/html

Go thorough the following links that include the following items:

1. WriteExpress Request Letters Made Easy: 15 Tips http://www.writeexpress.com/request-letters.html

2. Writing Guide: Business Letters

http://writing.colostate.edu/guides/documents/business_writing/business_letter/ 3. The Writer’s Handbook: Business Letters

http://writing.wisc.edu/Handbook/BusLetter_Block.html

 

 

 

Business Letter Writing Topic Seek Volunteers for a Nonprofit Organization Background Sometimes a company needs employee volunteers to help shape a company policy or process or to plan an event. For example, employees may be asked to join a task force on emergency preparedness, to plan a major company social event, or to reexamine vacation policies.

Some of your colleagues will readily volunteer for these above-and-beyond, unremunerated commitments, while others will not want to lend even more time to job- related responsibilities. It’s quite an art to bring volunteers on board for the general good of the organization and to make them feel rewarded through the volunteer effort itself.

In this application, you are the coordinator of volunteer outreach for the nonprofit organization Reading Partners, a group working to enhance the reading experiences and literacy of grade-school students.

Assignment You need to write a letter to the leaders of a local organization (such as Elks Club, Kiwanis, and the National Organization for Women, etc.) to solicit volunteers to work with your nonprofit’s after-school programs for children aged 5 to 12 years old. You are asking the leaders of other organizations to contact their membership for potential volunteers.

 

 

The Purpose You need to solicit 25 volunteers to engage in reading activities for children at least twice a week for a total of at least four hours each week per volunteer.

In your request, you will tell the organization that once you receive the names and contact information from the volunteers, your organization will schedule several orientation sessions to outline expectations, goals, and practical logistics. Your group will also train the volunteers on your program’s reading curriculum.

The Audience Your audience in this case is already orientated toward community service, but members are also very busy and will need to be persuaded that reading proficiency among young children is a serious concern and that the volunteer’s time will be well spent.

Conduct a bit of Internet research so you can incorporate some key literacy statistics in your letter.

You should also mention some special perks for those who successfully engage in the volunteer service. Everyone who has worked with volunteers knows that they are committed to helping, but they also relish special opportunities to reward their free services.

Keep in mind, too, that you are soliciting these volunteers through other organizations. You want to make it easy for the leaders of other non-profits you contact to pass along your message to their own members.

The Communication Strategy Write in the spirit of the nonprofit organization to another; that is, appeal to the recipients’ established interests in civic engagement and community responsibility. Provide enough information (include childhood literacy evidence referenced previously)

 

 

about your program to appeal to potential volunteers, and provide clear contact information and time frame for launching the meetings and training sessions for new volunteers.

Make it worth the while of the nonprofit leaders to pass along the message to their employees and investors. Assure them that, in similar future endeavors, you would be happy to do the same.

Letter Submission Instructions

• Format your letter in a Word document. • Your letter should target and address the appropriate audience(s). • Before composing the letter, consider the needs, concerns, questions, and

biases of the audience. • Be sure to proofread your message carefully. • Include any necessary information to help your reader better understand your

message. • Follow all letter formatting guidelines. • Submit your letter assignment to Turnitin.com on or before the due date.

Questions? Email your instructor: UForbess@dcccd.edu — be sure to use persuasive strategies in your message!