Find the days sales outstanding in the current year

Assignment Help Financial Accounting
Reference no: EM132832633

Question - The income statement of Pratt Inc. reports net sales of $3,749.9 million for the current year. The balance sheet reports accounts receivable, net of $535.3 million at December 31 of the current year and $572.2 million at December 31 of the previous year. Find the days sales outstanding in the current year?

Reference no: EM132832633

Questions Cloud

How much interest revenue should it report on the bonds : If Gibson Corporation paid $ 344,161 for these? bonds, how much interest revenue should it report on the bonds at December? 31, Year? 1
Client scenario-oz attitude clothing companybusiness profile : The Oz Attitude Clothing Company was born in Inkerman St, St Kilda in October 1985. It first started out as a small market stand at the St Kilda Market
Describe your acculturation experience as a new graduate : Describe your acculturation experience as a new graduate to the culture of the nursing profession. How is it similar or different from the acculturation.
Give at least five examples in the philippines : In interim reporting, do you need to make formal adjustments in the books of accounts? What are the criteria to be considered as development stage entity?
Find the days sales outstanding in the current year : The income statement of Pratt Inc. reports net sales of $3,749.9 million for the current year. Find the days sales outstanding in the current year
Financial group clientele consists of two types of investors : Pelican Point Financial Group's clientele consists of two types of investors. makes few transactions each year and therefore is willing to pay $95 per trade.
What are the benefits and risks of pursuing strategy : -Why might an omnichannel strategy be the most appropriate for Brand W? What are the benefits and risks of pursuing this strategy?
How might you as a dnp leader use the findings in the study : An interesting Chinese study by Hu, Chen, Gu, Huang, and Liu (2017) found that relationship conflict in inter-organizational teams tended to hurt team.
Describe the main financial sources of the company : Describe the main financial sources of the company to support the proposed products or services

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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