Determine the value of days sales outstanding

Assignment Help Finance Basics
Reference no: EM132766952

A manufacturing company reports the following: Revenues = 1,095,000; Cost of goods sold = 730,000; Purchasing costs = 292,000; Accounts payable = 64,000; Accounts receivables = 252,000; Finished goods inventory = 140,000.

Consider: 1 year = 365 days

Determine the value of Days Sales Outstanding (DSO) - do not adjust for VAT

Reference no: EM132766952

Questions Cloud

What would recommend should have done differently in year : What would recommend should have done differently in Year 1? Defend your response. Compare and contrast electronic data processing (EDP) systems
Compare and contract legal and ethical issues : Compare and contract legal and ethical issues. What determines how a person approaches and solves ethical dilemmas? Define moral indifference-provide an example
What is the financial environment : What is the financial environment and how does it relate to finance, accounting and economy?
Which approach is more appropriate in completing compliance : Which approach is more appropriate in completing a compliance project successfully for Trinity's first year? Compare and contrast electronic data processing
Determine the value of days sales outstanding : Determine the value of Days Sales Outstanding (DSO) - do not adjust for VAT
What is the residual income : The following information is available: Net operating income after taxes = $200,000
Calculate the employee net bonus : Calculate the employee's net bonus, following the order of the steps in the net pay template. Grace Thibodeau works for Prairie Packaging in Alberta
What would the division ROI be for the coming year : A divisional manager at Dean Co. is considering implementing a new project in the coming year. What would the division ROI be for the coming year
What is the amount of the tax liability for amy and ethan : Ethan are married and file a joint return for 2019. Using the tax tables in Appendix D, their taxable income is $95,300. What is the amount of the tax liability

Reviews

Write a Review

Finance Basics Questions & Answers

  Difference between process-relationship conflict

You have recently been promoted to a Manager that looks after two different teams of direct reports. The outgoing manager provided you with some insights

  What corporate finance problem is the article addressing

What method of study (qualitative, quantitative, or mixed study) does the authors use to address the problem? What corporate finance problem is article address

  What is the expected dividend per share

What is the expected dividend per share for each of the next 5 years?

  What is the purpose of tranching in securitization

What is the purpose of tranching in securitization? I know it means setting different levels of priority to the bonds. The lowest rated bonds would absorb.

  Against capital punishment

What are some of the arguments used for and against capital punishment? (You may want to complete some additional research to add to your knowledge).

  Calculate after-tax cost of capital for debt financing

Great Seneca Inc. sells $100 million worth of 27-year to maturity 14.39% annual coupon bonds. The net proceeds (proceeds after flotation costs) are $981.

  Sarah future college education

Calculate the future cost of each year of Sarah's future college education. How much must you have saved up by the time Sarah is age 18 in order to fully fund h

  Exchange rate between german marks and canadian dollars

Assume the inflation rate in Canada to be 5 percent per year for the indefinite future. How much would a Canadian dollar at the end of 10 years be worth.

  What is the addition to retained earnings for the period

The firm paid $95,000 in cash dividends. What is the addition to retained earnings for the period?

  What is the expected market price now for this bond

A bond has a 6.0% coupon rate and pays interest SEMI-annually. It has 8 years to maturity. Market interest rates for such a bond are now at 8.0% yield-to-maturity. What's the expected market price now for this bond? (pick closest answer)

  Why an informal settlement may be preferable to declaring

Explain why an informal settlement may be preferable to declaring bankruptcy for both the failing firm and its creditors.

  Does ensure success necessarily for being first to market

Time-to-market is generally important, but being first to market does not necessarily ensure success. Explain.

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd