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Alexander Graham Crackers is studying the impact of a social media campaign for their Smorgasbords product line. Without social media, their sales in May were 120,000 boxes. With social media, sales in June rose to 160,000 boxes. Historically, May represents 10% of their annual sales and June represents 12%.
ByAdmin33% 133% 111% 11%
For questions 1 to 5: A commercial company initially sells €600 a year. Sales are uniform. COGS = 70% of sales. Question: If receivables = €200, what are the days of collection?
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