Calculating the dso, Han Corporation sales last year were

Calculating the dso

Assignment Help Finance Basics

Reference no: EM1352845

Han Corp's sales last year were $395,000, and its year-end receivables were $52,500. The firm sells on terms that call for customers to pay 30 days after the purchase, but some delay payment beyond Day 30. On average, how many days late do customers pay? Base your answer on this equation: DSO - Allowed credit period = Average days late, and use a 365-day year when calculating the DSO.

Reference no: EM1352845

Questions Cloud

Develop a series of dialogs that attendant may encounter : The gas-pump service technician has a laptop with software designed to query and control the electronic gas pump over a communication link. Develop a series of dialogs that the attendant may encounter when troubleshooting the pump.

Evalute an environmental problem and explain how : Evalute an environmental problem and explain how one of the three groups might resolve it? There is no word limit for the solution.

Organizational psychology and ethics : Organizational Psychology and Ethics - A description of how a master's degree in OPD will help you attain your goals in the profession and practice of psychology.

Alfred adler theory of personality theory : What are some of the things that you dislike about Alfred Adler's theory of personality theory?

Calculating the dso : Han Corporation sales last year were $395,000, and its year-end receivables were $52,500. The company sells on terms that call for customers to pay 30 days after the buy,

Learning assessment system : Learning Assessment System - Show how Industrial/Organizational psychology benefits both employees and organizations

Discuss economic forces that affect the health care market : Discuss economic forces (supply factors, demand factors, government policy) that affect the health care market.

Cultural norms may influence motivation : Please help me to understand two ways in which cultural norms may influence motivation. Then, explain which motivational theories are more universal and which are more culturally relative.

Objectivity in employee performance appraisal : Can a fair and objective evaluation process ever be achieved in the workplace? Do manager's personal opinions of the employee and the employee's work cloud the objectiveness of the appraisal?

User Account

All Pages