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

  What will the required deposit today be in order to be

what will the required deposit today be in order to be able to withdraw 19000 in 4 years and 18000 in 14 years if the

  What is the next cash flow of this arbitrage strategy

What is the next cash flow of this arbitrage strategy at the option expiration date, assuming that stock XLT trades at $23 at expiration three months from now?

  The way of electronic funds transfers and payment

Twenty years ago there was little in the way of electronic funds transfers and payments.  Discuss the impact of things like just-in-time inventory systems and point of sales systems on the need for cash.  For instance, look at the days payable, days ..

  Create pro forma statements of five year

Using the sample financial statements, create pro forma statements of five year projections that are clear, concise, and easy to read. Be sure to double check the calculations in your pro forma statements. Make assumptions that support each line i..

  Which of the following is true regarding bonds

Which of the following is true regarding bonds?

  External auditor to evaluate published financial statements

The criteria used by an external auditor to evaluate published financial statements are known as generally accepted auditing standards.

  What amount of shipping department costs

During the period, the Far East sales office generated 669 orders for a total of 6,190 items. These orders were shipped in 1,450 boxes. What amount of shipping department costs should be allocated to these sales?

  Expected change in market value on the bond portfolio

An FI has a $100 million portfolio of six-year Eurodollar bonds that have an 8 percent coupon. The bonds are trading at par and have a duration of five years.

  Determine the adjusted basis

Cassandra sells property for a sales valueof $150,000. In addition, Lana, the buyer, pays $5,000 in property taxes that had accrued during th year while property was still legally owned through Cassandra.

  Determine the probability that the information is correct

Examine the sources of information that can be used for budgeting. Determine the probability that the information is correct. Would simulation increase the accuracy? Why or why not?

  Prepare a statement of cash flows

(Analyzing a statement of cash flows) A company recently announced an increase in its net income, yet its net cash flow declined relative to last year. Explain.

  What is post-earnings-announcement

what is post-earnings-announcement

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