User Account

All Pages

Dso and accounts receivable

Assignment Help Finance Basics
Reference no: EM131235585

DSO and Accounts Receivable

Ingraham Inc. Currently has $880,000 in accounts receivable, and its days sales outstanding (DSO) is 65 days. It wants to reduce its DSO to 25 days by pressuring more of its customers to pay their bills on time. If this policy is adopted, the company's average sales will fall by 5%. What will be the level of accounts receivable following the change? Assume a 365-day year. Round your answer to the nearest cent.

Reference no: EM131235585

Questions Cloud

What are the perfect market assumptions : "If the world is risk neutral, then the promised and expected rates of return may be different but the expected rates of return on all loans should be equal." Evaluate.
Personal wealth outside of the stock option : If Sharon Jacobs is also a founder of the company and has retained 8 million shares of its stock, how much of a difference will the auditors' decision make in her personal wealth outside of the stock option?
Find the distribution of the cpu queue length : Determine the distribution of the CPU queue length. Also, find the system throughput varying the degree of multiprogramming from 1 to 3.
Each stage of the strategic sourcing process : What are the key elements that must be completed at each stage of the strategic sourcing process? How does the governance structure for supply chain management at Federal Express support the strategic sourcing process?
Dso and accounts receivable : Ingraham Inc. Currently has $880,000 in accounts receivable, and its days sales outstanding (DSO) is 65 days. It wants to reduce its DSO to 25 days by pressuring more of its customers to pay their bills on time.
What are some of challenges associated with managing change : Please answer the following questions: For each paper, please use one paragraph to summarize the main ideas. Please use one half page to summarize the ideas that are similar among all of these papers. What are some of the challenges associated with m..
What is the quoted default premium : If in bankruptcy the entrepreneur will not pay back anything, but otherwise everything will be repaid, then what does the bank believe the probability of failure to be?
Ending balance of the account : Her 401(k) plan account had $20,000 in it at the beginning of the year. She contributed $5,000 to the plan this year and the employer made the matching contribution before year end. The ending balance of the account is $30,000. What is her savings..
Determine the distribution of the cpu queue length : What changes in CPU speed would you recommend to achieve a response time of 10 seconds with 25 users? Would you also need a faster disk A or disk B?

Reviews

Write a Review

Finance Basics Questions & Answers

  Working capital management

Working Capital Management

  What is the maximum price

What is the maximum price you should be willing to pay for rental property you expect to be worth $1,000,000 in 10 years and generates rental income of $90,000 annually (at the end of each year)? Your cost of funds is 15%.

  Bmc cash conversion cycle and payables deferral period

Its annual sales are $12000000 and its cost of good sold represents 80 percent of annual sales. Assume there are 365 days in a year. What is bmc's cash conversion cycle and payables deferral period?

  What is the current price of the old bonds

What is the current price of the old bonds would be for a previously issued bonds in the market place. Do the example based on $1000 bond using semiannual analysis.

  What is the break-even level of earnings before interest

What is the break-even level of earnings before interest and taxes between these two options? Ignore taxes. (Please note that because of rounding you will not get the exact answer).

  The discount rate for the company is 13 percent the initial

1.you are considering investing in a company that cultivates abalone for sale to local restaurants. use the following

  Accrual accounting requires estimates of future outcomesfor

accrual accounting requires estimates of future outcomes.for example the reserve for bad debts is a forecast of the

  You are working for mcdonalds corporation you want to do a

you are working for mcdonalds corporation. you want to do a country risk assessment for iran for the current year to

  What was the delta ray brands net income after-tax

Assuming a federal income tax rate of 34%, what was the Delta Ray Brands net income after-tax?

  Calculate how much interest they would save

Ben remembers from finance class that the shorter the amortization period, the less total interest you will pay. Calculate how much interest they would save if they made monthly payments over a 20 year amortization rather than a 25 year amortiza..

  Review the information the company has provided including

part 1visit southwest airlines investor relations.review the information the company has provided including the company

  What is the contrast between the successful rate of interest

what is the contrast between the successful rate of interest and expressed rate of enthusiasm for the accompanying cases: Case A: Stated rate of hobby is 8 percent and the recurrence of exacerbating is six times each year.

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