Calculating and interpreting an average collection period

Assignment Help Finance Basics
Reference no: EM131750620

Question: Assume that a firm's sales have changed rapidly, either because of seasonality or because of rapid growth. What, if any, problems might this cause in calculating and interpreting an average collection period? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131750620

Questions Cloud

Describe sustainable income : Describe sustainable income and the importance of sustainable income in the evaluation of the income statement
Which proforma financial statements should be drawn up : How would you determine the overall planning horizon for a firm and the basic time unit (for example, yearly, quarterly, monthly).
Evaluate the income tax issues for tom : With regard to the proposed ownership and capitalization, evaluate the income tax issues for Tom if the business is operated.
Appropriate protection mechanism for software : What are some reasons a patent is an appropriate protection mechanism for software? What are some arguments why it is not?
Calculating and interpreting an average collection period : Assume that a firm's sales have changed rapidly, either because of seasonality or because of rapid growth. What, if any, problems might this cause.
Prepare journal entries for economy : Economy may not sell these units to other customers. Prepare journal entries for Economy on
Discuss about manufacturing or trading enterprises : One often finds that regulated utilities, such as telephone companies or pipelines, earn a much higher net operating margin than manufacturing or trading.
Dramatic decreases in the value of the primary assets : Some industries, such as the real estate industry in 1982 and the oil industry in 1985, have been subject to dramatic decreases in the value of their primary.
What are the implications for the internal audit function : What are the implications for the Internal Audit function if management fails to respond appropriately to an observation warranting corrective action

Reviews

Write a Review

Finance Basics Questions & Answers

  What is amount of net income that oops expects to generate

What is the amount of net income that OOPS expects to generate this year? What will be total funds the company can invest in capital budgeting projects this year before new common stock must be issued to raise new funds?

  What is the new break-even point

Eaton Tool Company has fixed costs of $393.600, sells its units for $88, and has variable costs of s47 per unit.

  Q1 susie can earn the nominal annual rate of return of 12

q.1 susie can earn the nominal annual rate of return of 12 compounded semi-annually. if susie made 40 consecutive

  How does the fed''s interest policy affect the market

It's my final project for "Asset Pricing and Portfolio Analysis". The requirement is: Analyze a security. What is it? What risk does it have? How to price it? How to hedge it? Who might be interested holding it? Why? Can you supply it cheaply, how?  ..

  So why is it important to analyze the historical

pro forma financial statements by definition are predictions of a companys financial statements at a future point in

  Write a letter about no longer volunteering

Although you cannot prepare and serve the meal, you will donate $250 to the shelter to cover the cost of buying the food. Write a letter to Pastor Sullivan DeMarco, giving him the bad news.

  Describe sox requirements

Describe SOX requirements

  You own 10000 the dollar rate on the swiss franc is 1380

you own 10000. the dollar rate on the swiss franc is 1.380 sfs.countrycontractus dollarequivalentdirectcurrencyper

  Kevin purchased a stock a year ago that pays a dividend he

kevin purchased a stock a year ago that pays a dividend. he has earned a 50. the stock was purchased for 16 and is now

  How much is the principal repayment at maturity

How much is the principal repayment at maturity for coupon and zero coupon bonds?

  Record the period-end adjustment to cost of goods sold

Record the transactions of Sundance Systems, assuming the company uses a periodic inventory system.

  Has the size of government fallen since then

As noted in the text, in 1996 President Clinton declared that the era of big government is over. Has the size of government fallen since then?

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