How long does it take the mountain top shoppe to pay

Assignment Help Finance Basics
Reference no: EM131129644

The Mountain Top Shoppe has sales of $512,000, average accounts receivable of $31,400 and average accounts payable of $24,800. The cost of goods sold is equivalent to 71 percent of sales. How long does it take The Mountain Top Shoppe to pay its suppliers?

Reference no: EM131129644

Questions Cloud

Explain some of factors that may influence a person choice : Using sources such as the Centers for Disease Control and Prevention, research some information on the leading causes of death related to life-style choices. Explain some of the factors that may influence a person's choice regarding their life-s..
Calculate price earning ratio dividend yield dividend payout : Ralite Company had net income for the year of $20 Million. It had 2 Million sharees of comon stock outstanding, with a year-end market price of $82 a share. Dividends during the year were $5.74 a share.Required:Calculate the following ratios: (a) Pri..
Find the transformation t : Suppose we are given a system with state matrices F, G, H (J = 0 in this case). Find the transformation T so that, under Eqs. (7.24) and (7.25), the new state description matrices will be in observer canonical form.
What was your final rails score : What was your final RAILS score? What skill areas were recommended for improvement and what skill areas did you do well on? How do you know those articles are peer-reviewed and relevant to your research question?
How long does it take the mountain top shoppe to pay : The Mountain Top Shoppe has sales of $512,000, average accounts receivable of $31,400 and average accounts payable of $24,800. The cost of goods sold is equivalent to 71 percent of sales. How long does it take The Mountain Top Shoppe to pay its suppl..
What should thompson do to finance its expansion : Thompson can finance its expansion with a one-year loan from its bank. The bank has quoted the following alternative loan terms: a) 12 percent rate on a simple interest loan, with monthly interest payments. Based strictly on cost considerations only,..
Why do all the life forms other than man exist : Many of you have spent hours thinking about why human beings exist. Most of you are very satisfied with the biblical answers to that question. However, entertain this question for a few moments: Why do all the life forms other than man exist? Why ..
A shelf that contains three statistics texts : Two textbooks are selected at random from a shelf that contains three statistics texts, two mathematics texts, and three physics texts. If X is the number of statistics texts and Y the number of mathematics texts actually chosen, construct a table..
Write the state equations in both control and observer form : For each of the listed transfer functions, write the state equations in both control and observer canonical form. In each case, draw a block diagram and give the appropriate expressions for F, G, and H.

Reviews

Write a Review

Finance Basics Questions & Answers

  Statistics students were asked to fill a one-cup measure

statistics students were asked to fill a one-cup measure with raisin bran then tap the cup lightly on the counter three

  I need an essay written in spaced paragraph format it

i need an essay written in spaced paragraph format. it needs to be well referenced and guaranteed 21 standard. the aim

  An investment project provides cash inflows of 760 per

an investment project provides cash inflows of 760 per year for eight years. what is the project payback period if the

  How many votes does betsy control

Betsy Ross owns 948 shares in the Hanson Fabrics Co. There are 15 directors to be elected. 37,000 shares are outstanding. The firm has adopted cumulative voting.

  Short-term financing options available

What recommendations would you, as Finance Director of an MNC, make to the CEO regarding the firm's policy for short-term financing, including the financing of trade?

  Explain the major economic

Explain the major economic and / or other salient business environmental factors that are likely to impact the availability of short-term financing for a given business. Provide support for your rationale.

  Marketing of eastman kodak and fujifilm

Access articles about the history, business approaches, management, and marketing of Eastman Kodak and Fujifilm. Eastman Kodak has been a developer and pioneer of photographic films for over 130 years.

  Which strategy has the highest expected final payoff

Calculate the final amount an investor would have earned given a $1000 initial investment. Also express your answer as an annualized return. If risk were eliminated by holding stocks for 20 years, what would you expect to find? What can you conclude ..

  Trooper corporation has a bond issue with a coupon rate of

trooper corporation has a bond issue with a coupon rate of 10 percent per year and 5 years remaining until maturity.

  Did one firm pay cash to acquire the other firm

Pick a large merger or acquisition that occurred sometime between 1/2005 and 9/2014 in an industry that at least one of your group members (groups are assigned the first day of class) is familiar with (this does not need to be limited to U.S. corpora..

  What will be the amount of sue quarterly payments

The loan requires quarterly payments for a period of 3 years. If the 1st payments is due 3 months after buying the car, what will be the amount of Sue's quarterly payments on the loan?

  The companys bankers assure rienegar management that it can

problem 1bond abond bunitmaturity47yearscoupon56annualprice101.79102.85-you know for certain that the 3 year rate in 4

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