User Account

All Pages

How much would receivables decline

Assignment Help Financial Accounting
Reference no: EM132504486

Question 1: Data on Nathan Enterprises for the most recent year are shown below, along with the days sales outstanding of the firms against which it benchmarks. The firm's new CFO believes that the company could reduce its receivables enough to reduce its DSO to the benchmarks' average. If this were done, by how much would receivables decline? Use a 365-day year.

Sales$110,000

Accounts receivable$16,000Days

sales outstanding (DSO)53.09

Benchmark days sales outstanding (DSO)20.00

Option a. $8,975

Option b $9,973.

Option c $8,078.

Option d $12,067

Option e. $10,970

Reference no: EM132504486

Questions Cloud

Price of the stock-pharsalus inc : Pharsalus Inc. just paid a dividend (i.e., D0) of $ 1.19 per share. This dividend is expected to grow at a rate of 5.9 percent per year forever.
What is the total dollar amount credited : The par value of all common stock is $10. What is the total dollar amount credited to additional paid in capital - common stock on August 1, 2018
Describe the critical success factors : Describe the Critical Success Factors (CSF) needed to be in place within the implementing organisation to achieve successful implementation of LPM
Define how you practice the culture you have selected : How you and those close to you within your culture (friends, family, etc.) practice the traditions & beliefs, what the values mean to you, etc.
How much would receivables decline : Receivables enough to reduce its DSO to the benchmarks' average. If this were done, by how much would receivables decline? Use a 365-day year.
Compute the current price of the stock-robotic atlanta inc : Robotic Atlanta Inc. just paid a dividend of $4.00 per share (that is, D0 = 4.00). The dividends of Robotic Atlanta are expected to grow at a rate of 20 percent
Determine what is the length of the cash conversion cycle : Accounts payable is 40 days, and the average age of inventory is 69 days. Assuming a 365-day year, what is the length of its cash conversion cycle?
Discuss about your go-to and supplemental leadership styles : Write a 700- to 1,050-word paper about your go-to and supplemental leadership styles. Include the following: Evaluation of the information provided regarding.
Elaborate processes from organisational project management : Identify and elaborate processes from Organisational Project Management (OPM), Agile Practices, Lean Practices and Lean Six Sigma DMAIC Methodology

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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