Discuss about the average daily sales

Reference no: EM131344685

Please show all work for this assignment and explain your derivations. Lack of step by step work will not be credited. Partial credit will be given for step by step description of answer(s). Calculation: In the month of January, Reliance® Auto sold 60 vehicles and had account receivable of $160,000.00. If a vehicle costs $40,000, account payable is $240,000 and the cost of sales is 72%, and the current value of total inventory is $500,000.00, Calculate;

The average daily sales

The average days of accounts receivable

The average daily cost of sales

The average days of inventory

Cash to cash cycle time

Please upload a Word document using APA format for this assignment,so it needs a title page and reference page. Where applicable, you must show your derivations, analysis and how you obtained the responses/answers. Use in-text citations, references, appropriate font size, double spaces, etc.

Reference no: EM131344685

Questions Cloud

In what ways are warehouses beneficial to customers : When stages of the supply chain are considered separately, why is sub-optimzation likely to occur? In what ways are warehouses beneficial to customers?

Implement this multiplication algorithm : Implement this multiplication algorithm. (Note: Doubling and halving operations correspond to "shift" operations which are very efficient on most computers.)

Develop a project plan : For this Assignment, you will develop a project plan, using as your focus a work-related project you are doing now or will be doing in the future.

What impact does the fed raising the interest rate : What impact does the Fed's raising the interest rate have on the money supply and on the price level

Discuss about the average daily sales : Please show all work for this assignment and explain your derivations. Lack of step by step work will not be credited. Partial credit will be given for step by step description of answer(s). Calculation: In the month of January, Reliance® Auto sol..

Performance measurement guide for information security : Review NIST SP 800-55 Rev. 1, Performance Measurement Guide for Information Security. Discuss measures you would be interested in finding the results, based on your home computing systems and/or network.

Strategy for recruting the doctors in rural areas : Strategy for recruting the doctors in rural areas in india 1present strategy 2strength and weakness of present strategy 3 lacunae 4 recommended strategy

How will you go about changing culture of your organization : BUS 302- What leadership skills do you need in order to effectively lead an organizational change (be specific)? Why? How will you go about changing the culture of your organization?

Explain regarding emission rate calculations : Open the Unit IV Study Guide, read the Unit IV Lesson, then review the calculations demonstrated and explained regarding emission rate calculations and "potential to emit" statistical model calculations for our scenario.

User Account

All Pages