Company average accounts receivable figure

Assignment Help Financial Management

Reference no: EM131553257

Two Doors Down, Inc., has weekly credit sales of $39,500, and the average collection period is 43 days.

What is the company's average accounts receivable figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

Average accounts receivable

Reference no: EM131553257

Questions Cloud

Common stock and warrants in order to choose best investment : Susan is evaluating the Burton Tool Company’s common stock and warrants in order to choose the best investment.

Annually into life insurance fund : You deposit $7500 annually into a life insurance fund for the next 20 years, at which time you plan to retire.

How much would the employees be loaning the firm for year : Ace Trucking Company pays its employees at the end of each work week. How much would the employees be loaning the firm for a year?

What is the breakeven point in sales : What is the breakeven point in units? What is the breakeven point in sales?

Company average accounts receivable figure : What is the company's average accounts receivable figure?

What is company average accounts receivable figure : What is the company's average accounts receivable figure?

Number of shares that you hold after stock dividend is paid : What will be number of shares that you hold after stock dividend is paid? What will be the total value of your equity position after stock dividend is paid.

Company disbursement float-collection float and net float : Calculate the company’s disbursement float, collection float, and net float.

Average accounts receivable and average collection period : What is the average collection period? what is its average balance sheet amount in accounts receivable?

User Account

All Pages