Determine accounts how much receivables decline

Reference no: EM1358541

McNally INC. has sales of $1,000,000 million per year, all on credit terms calling for payment within 30 days, and its accounts receivable are $200,000. How much capital would be released if McNally could take actions that caused all of its customers making on time payments, with out affecting sales, i.e., by how much would its accounts receivables decline?

a) $117,808
B) $129,945
C) $135,145
D) $141,546
E) $153,467

Reference no: EM1358541

Questions Cloud

Devising a separation policy for termination of employment : Provide private-sector employer examples of HRM programs, systems, processes and/or procedures as you address the above assignment requirements. Provide names of the employers.

Explain what does efficiency prevail in gilroy labor market : Explain what does efficiency prevail in the Gilroy labor market. If not, what is the size of the deadweight loss. you must use a diagram and show the appropriate values on it.

Successful leadership qualities : How can a person become a successful leader by being humble and why is it an important leadership trait to serve others first?

Explain the following scenario addresses potential : Explain The following scenario addresses potential contractual disputes involving a contract for a nonprofit organization

Determine accounts how much receivables decline : McNally Corporation has sales of $1,000,000 million per year, all on credit terms calling for payment within thirty days, and its accounts receivable are $200,000.

Diagnosing a child with adhd : What factors and symptoms need to be considered before diagnosing a child with ADHD?

Illustrate what policies do governments adopt : Illustrate what policies do governments adopt to redistribute income and how do those policies help the country's economic growth.

Describe advantages of having a componentized system : Describe some of the advantages of having a componentized system. For example, what happens if the microwave breaks?

Diagnosis of adhd : Is there a biological test that can diagnose Attention Deficit Hyperactivity Disorder (ADHD) in a child?

User Account

All Pages