Average number of days problem

Reference no: EM13258691

Company has net sales on account of $1,500,000. Net accounts receivable at the beginning ofthe year are $600,000 and net accounts receivable at the end of theyear are $650,000. The average number of days that accounts receivable were on the books was:

8.7
152
304
439.8

Reference no: EM13258691

Questions Cloud

Explain what would the molecular orbital diagram : What would the molecular orbital diagram for a compound made of equal portions of aluminum and phosphorous look like

Amount of cash paid to employees for salaries : During 2004, XYZ Company recorded salaries expense of $85,000. The salaries payable account at January 1st had a balance of $11,000 while the salaries payable account at December 31st had a balance of $8,000. The amount of cash paid to employees f..

Derive the step response and voltage transfer function : Design a passive first-order RC low-pass filter with a cutoff frequency fH = 10 kHz. Derive the step response and voltage transfer function.

Compute the amount of isopentyl acetate : Calculate the amount of isopentyl acetate that should be present in the reaction mixture at equilibrium based on 300 mmol of acetic acid and 150 mmol of isopentyl alcohol as starting quantities. Use equilibrium constant of 4.2 for this calculation..

Average number of days problem : Company has net sales on account of $1,500,000. Net accounts receivable at the beginning ofthe year are $600,000 and net accounts receivable at the end of theyear are $650,000. The average number of days that accounts receivable were on the books ..

Leaders of organizations unintentionally undermine change : What solutions would you recommend for engaging employees, engendering enthusiasm for the change effort and overcoming resistance?

What is the company cost of debt : The company's tax rate is 30 %. a) what is the company's cost of debt? b) what is the company's cost of equity? c) what is the company's wacc?

Cash flow from investing activities : A negative cash flow from investing activities:

Design preamplifier that has the characteristics mentioned : Design an EKG amplifier interface to a 6811/6812. The biopotential is a ±5-mV signal measured between the left and right arms using silver-silver chloride electrodes. A third electrode is placed in the right leg and is used as a reference.

User Account

All Pages