How long on average did it take the company to pay off

Assignment Help Finance Basics

Reference no: EM132031127

Question: For the past year, Coach, Inc., had a cost of goods sold of $67,382. At the end of the year, the accounts payable balance was $12,089. How long on average did it take the company to pay off its suppliers during the year? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132031127

Questions Cloud

Black scholes prices for call and put options : Determine the Black Scholes prices for call and put options.

Arithmetic and geometric average returns : What are the arithmetic and geometric average returns over that three year period?

How much of the joint cost will be assigned to product a : How much of the joint cost will be assigned to Product A if joint costs are allocated on the basis of relative sales values

How much should the organization budget for interest costs : How much should the organization budget for interest costs on the line of credit next year?

How long on average did it take the company to pay off : For the past year, Coach, Inc., had a cost of goods sold of $67,382. At the end of the year, the accounts payable balance was $12,089.

Crimes against properties : The presentation should consist of a general overview of the offenses in that category, a specific review of Florida Statutes in that category

Provide a short narrative on security techniques : Provide a short narrative on security techniques and mechanisms in protecting against spam activity.

What is the expected return on the resulting portfolio : Suppose you invest equal amounts in a portfolio with an expected return of 12 percent and a standard deviation of returns of 16 percent and a risk-free asset

Seeking any external funding : What is the maximum growth rate the company can achieve without seeking any external funding?

Reviews

Write a Review

Required(*) Message

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 ..

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

User Account

All Pages