How do the numbers relate to the given terms

Assignment Help Finance Basics
Reference no: EM131974980

Question: A firm has $400,000 in credit sales and $100,000 in accounts receivable. Compute accounts receivable turnover and average number of collection days. How do these numbers relate to the terms of 2/10, n/30? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131974980

Questions Cloud

How much could the firm raise and invest in inventory : According to company records, current loan covenants in place prohibit the current ratio from dropping below 2.30. How much could the firm raise and invest.
What is the expected rate of return for the first year : If you buy the stock now, what is the expected rate of return for the first year?
What is this company terminal value : You expect this cash flow to grow at 2% in perpetuity, and the company's WACC is 14%. Using the Perpetual Growth Method, what is this company's Terminal Value
Give an example of the broadcasting uses on tcp-ip : What is a broadcast IP? What is a defaulty gateway? Why we need it? What is a subnet mask? What does it do? Give an example of the broadcasting uses on TCP/IP.
How do the numbers relate to the given terms : A firm has $400,000 in credit sales and $100,000 in accounts receivable. Compute accounts receivable turnover and average number of collection days.
Assume that the stock is priced in equilibrium : What is the expected price in 3 years, E(P3)? Assume that the stock is priced in equilibrium.
What is the firm cash conversion cycle : A firm's days of sales outstanding are 23.4, days of inventory on hand are 45.9, What is the firm's cash conversion cycle
Determine the debt ratio of the firm : A firm has 30M shares issued with a market value of 15€ per share. It has debt issued with a market value of 104.4 M€ and it decides to pay a dividend.
Use the gordon model to estimate the expected price : Use the Gordon Model to estimate the expected price, E(P0), of the following stock:

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!

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