User Account

All Pages

Compute 3m average collection period for accounts

Assignment Help Accounting Basics
Reference no: EM131785810

Question - The financial statements of M & J Company report net sales of $22 billion. Accounts receivable (net) are $2.9 billion at the beginning of the year and $3.2 billion at the end of the year. Compute 3M's receivables turnover ratio. Compute 3M's average collection period for accounts receivable in days.

Reference no: EM131785810

Questions Cloud

Determine the rms value of the spectral density plot : Determine the rms value of the spectral density plot shown in Fig. P13-I8.
General machine hazards in approximate order of importance : List the five general machine hazards in approximate order of importance.
Evaluate the relative gains for the designs : Demonstrate that flows Fi and F& can be controlled with v1, v3, and v4. Discuss reasons for selecting two of these three valves.
Select an aging theory to guide practice : Develop goals and objectives for the Practicum Experience in this course. Be sure to consider geriatric competencies.
Compute 3m average collection period for accounts : The financial statements of M & J Company report net sales of $22 billion. Compute 3M's average collection period for accounts receivable in days
Replot the result on a linear scale and estimate the rms : The power spectral density plot of a random vibration is shown in Fig. P13-I9. The slopes represent a 6-dB/octave.
Find one example of loyalty marketing program : Find one example of a Loyalty Marketing Program and tell me what makes it effective or ineffective and how would you change it, if need be.
Design a control strategy to meet the objectives : The reactor temperature, T$, must be maintained constant to obtain the best product selectivity. Is there an alternative reactor environment variable.
What ratio of dominant to recessive phenotypes : What ratio of dominant to recessive phenotypes is expected if the X locus is not in chromosome 10?

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