A company reports the following

Reference no: EM131022293

A company reports the following:

Sales	$832,000
Average accounts receivable (net)	80,000

Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year.

a. Accounts receivable turnover
b. Number of days' sales in receivables	days

Reference no: EM131022293

Questions Cloud

What is the value of ending inventory under variable costing : What is the value of ending inventory under variable costing?$99,000$189,000$90,000$390,000

Compute production cost per unit under variable costing : Sea Company reports the following information regarding its production cost.

What is the new equilibrium nominal interest rate : What is the new equilibrium nominal interest rate and what are the new money balances held - Illustrate both changes graphically.

Calculate each (3) superposition voltages at vo : Calculate each (3) superposition voltages at VO. The sum of these voltages will be VO with all 3 supplies connected.

A company reports the following : Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year.

How does transfer function of filter relate to concept : What is the basic concept of Fourier theory as it relates to real-world signals? How does the transfer function of a filter relate to this concept?

Determine its transition probability matrix : The component failures and repairs are mutually independent events. Let Xn be the number of components in operation at time n. The process {Xn, n = 0, 1, . . .} is a discrete time homogeneous Markov chain with state space I = 0, 1, 2. Determine it..

How would you describe policy analysis : Write a 700- to 900-word paper, describing your personal perception of policy-making in criminal justice.

How did that person display activated ignorance : describe a time when you, someone you know, or someone from a story you have seen experienced activated ignorance. What was the event, and how did that person display activated ignorance?

User Account

All Pages