User Account

All Pages

Calculate reynaldo working capital

Assignment Help Accounting Basics
Reference no: EM132081254

Question - Reynaldo Company has current assets of $115,000 and current liabilities of $75,000 of which accounts payable are $65,000. Reynaldo's cost of goods sold is $420,000, its merchandise inventory increased by $20,000, and accounts payable were $45,000 the prior year. Calculate Reynaldo's working capital, payables turnover, and days' payable (to one digit after decimal).

Reference no: EM132081254

Questions Cloud

Calculate novack working capital and current ratio : Novack Company has current assets of $100,000, total assets of $300,000, Calculate Novack's working capital and current ratio
Two companies has the more modern arrangement : Which of the two companies has the more modern arrangement?
Combined cost of taxes and deposit insurance : What would be the estimated Eurodollar deposit rate if the domestic U.S. dollar deposit rate is 8½%, the reserve requirements on time deposits
Create a partition using basic linux on the command line : Create a partition named /dev/sde1 that uses all the available space on /dev/sde. Format the partition with the ext4 file system.
Calculate reynaldo working capital : Reynaldo Company has current assets of $115,000, Calculate Reynaldo's working capital, payables turnover, and days' payable
Wage cost of skill change as division of labor increases : How does the wage cost of skill change as the division of labor increases?
Rewards for car dealers who help underwater : What are the risks, ethics and rewards for car dealers who help "underwater" buyers trade up?
Impact tesla financial position : A year ago, that figure was $780 million. Explain how Mr. Musk's request for "donations" would impact Tesla's financial position.
Why do we need to know the registers and the flags : Why do we need to know the registers and the flags in any computer architecture in order to write assembly language programs?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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