User Account

All Pages

Compute sage hill accounts receivable turnover

Assignment Help Accounting Basics
Reference no: EM132753575

Question: Recent financial statements of Sage Hill Ship Builders, Inc. report net sales of $676,200,000. Accounts receivable are $62,500,000 at the beginning of the year and $87,900,000 at the end of the year. (Round answers to 2 decimal places, e.g. 50.27. Use 365 days for calculation.)

Compute Sage Hill's accounts receivable turnover.

Compute Sage Hill's average collection period for accounts receivable in days.

Reference no: EM132753575

Questions Cloud

Impact on the yield of a new bond issue : What are some of the features that could be included with a bond prospectus that may have an impact on the yield of a new bond issue?
What financial goals are you aware of that you have set : Discuss the macro economic factors that are influencing your financial thinking and behavior today. What are some specific examples? How does your current age.
Calculate the n-period continuously compounded return : Calculate the n-period continuously compounded return and the n-period arithmetic return where n is four.
What is the adjusted cash in bank : The checking account balance per bank statement is P3,874,000. Included in the bank statement are a bank service charge of P10,000, a note collection.
Compute sage hill accounts receivable turnover : Recent financial statements of Sage Hill Ship Builders, Inc. report net sales of $676,200,000. Accounts receivable are $62,500,000 at the beginning of the year.
Which should she choose if she bases her decision : Which should she choose if she bases her decision solely on total interest paid?
Compare the risks of the floating rate bond : Compare the risks of the floating rate bond with those of a bond that pays fixed coupon, assuming that both bonds have the same maturity and the same issuer.
What is the project mirr-luken industries : Luken Industries is considering a project that has the following cash flow and WACC data. What is the project's MIRR?
Explain the general accounting : Stock dividends and stock splits can be used to accomplish the same objective - impacting the trading price of shares. However, for financial reporting purposes

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