Accounts receivable of 94800 how many days on average does

Assignment Help Finance Basics
Reference no: EM13568513

Big Foot Wholesalers has sales of $1,387,400, cost of goods sold of $891,400, inventory of $188,936, and accounts receivable of $94,800. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit?

a. 86.3 days
b. 49.8 days
c. 77.4 days
d. 53.2 days

Reference no: EM13568513

Questions Cloud

What is the capital market how is the primary market : what is the capital market? how is the primary market different from the secondary market? in your opinion are these
What is the capital market how is the primary market : what is the capital market? how is the primary market different from the secondary market? in your opinion are these
Assuming that the strikes continue for two months what is : problem 10-20a shutting down or continuing to operate a plant lo2hallas company manufactures a fast-bonding glue in its
Trace the images of vision and blindness throughout the : play-oedipus the kingchoose one topic. write a short essay of about 350-500 words.1- trace the images of vision and
Accounts receivable of 94800 how many days on average does : big foot wholesalers has sales of 1387400 cost of goods sold of 891400 inventory of 188936 and accounts receivable of
A firms has sales of 1640 net income of 135 net fixed : a firms has sales of 1640 net income of 135 net fixed assets of 1200 and current assets of 530. th firm has 280 in
Estimate your exposure b to the exchange risk compute the : suppose that you hold a piece of land in the city of london that you may want to sell in one year. as a u.s. resident
Assume that the company produced the equivalent of 10000 : various cost and sales data for meriwell company for the just completed year appear in the worksheet belowfinished
Given the tax rates as shown what is the average tax rate : given the tax rates as shown what is the average tax rate for a firm with taxable income of 218740?taxable income tax

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd