User Account

All Pages

How long does merchandise stay around before it is sold

Assignment Help Accounting Basics
Reference no: EM132547122

Question - Following info was collected for Jake Co

Item. Beginning. Ending

Inventory. 5,000. 7,000

Accts. Rec. 1,600. 2,400

Acct. Payable. 2,700. 4,800

Credit sale for year ended 50,000 and cost of goods sold was 30,000

1. How long does it take for Jake Co. to collect on its receivable?

2. How long does merchandise stay around before it is sold?

3. How long does it take Jake to pay its bills?

4. What is Jake operating cycle?

5. What is Jake cash cycle?

Reference no: EM132547122

Questions Cloud

Journalize the partnerships receipt of assets : Journalize the partnership's receipt of assets and liabilities from Cooke and Bamber on November 10. Compute the partnership's total assets
Discuss one nursing theory and identify the effect : After your graduation, you will be in an academic or clinical field. Depending on your field choice, discuss one nursing theory and identify the effect.
What is behavioral oscillating mechanisms : When male horses (stallions) and female donkeys (jennets) mate, they produce a sterile hybrid called a hinny. Hinnies occur
Which transactions will the recipient be least likely : Which transactions will the recipient be least likely to have to include an amount as assessable income? A business taxpayer receives a cash payment
How long does merchandise stay around before it is sold : Credit sale for year ended 50,000 and cost of goods sold was 30,000. How long does merchandise stay around before it is sold
Identify the four research databases : Identify the four research databases that you used to conduct your search for the peer-reviewed articles you selected. Provide APA citations of the four.
Enzyme reaction rate calculation for trial 1 : [1] Sample Calculation: Show your enzyme reaction rate calculation for Trial 1.
Find the taxpayer was undertaking the mere realisation : Which of the statements is least likely to lead to a conclusion that the taxpayer was undertaking the mere realisation of a capital asset?
Calculate the present value of the bonds using PV tables : Blast from the Past issued 10-year bonds with a coupon rate of 3% paid semi-annually. Calculate the present value of the bonds using PV tables assuming payments

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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