User Account

All Pages

Dso and accounts receivable

Assignment Help Finance Basics
Reference no: EM131238471

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: EM131238471

Questions Cloud

Find mach number and the stagnation temperature on the nose : A jet plane flies at an altitude of 40 000 ft where the air is at -40 F, 6.5 psia, with a velocity of 625 mi/h. Find the Mach number and the stagnation temperature on the nose.
Develop a strangulation scenario : Develop a strangulation scenario in which the manner of death was one of the aforementioned. - Do not state in your scenario the manner of death.
Determine the velocity and kinetic energy per lbm of water : The temperature is 60 F, and the water leaves at standard atmospheric pressure. If the flow through the nozzle is reversible and adiabatic, determine the velocity and kinetic energy per lbm of water leaving the nozzle.
Find the mass flow rate and thrust : A jet engine receives a flow of 500 ft/s air at 10 lbf/in.2, 40 F, inlet area of 7 ft2 with an exit at 1500 ft/s, 10 lbf/in.2, 1400 R. Find the mass flow rate and thrust.
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 comp..
Define the process used to evaluate system changes : Define the process used to evaluate system changes, including any effect on budgeting and resources, such as time or people, or the severity of the change. The decision-making process used to determine whether internal staff or contractors should..
Inconsistent with finance theory : You receive an investment newsletter advertisement in the mail. The letter claims that you should invest in a stock that has doubled the return of the S&P 500 Index over the last three months. It also claims that this stock is a surefire safe bet ..
What is the mass flow rate : At what Mach number will the normal shock occur in the nozzle of Problem 15.53 if the back pressure is 1.4 MPa? (Trial and error on Mx)
Describe the physical architecture of system : How do the nonfunctional requirements affect your architectural choices - Describe the physical architecture of this system and explain how it accommodates those quality requirements.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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