User Account

All Pages

Problem - Calculating Average Payables Period

Assignment Help Financial Accounting
Reference no: EM132862499

Problem - Calculating Average Payables Period

Hare, Inc., had a cost of goods sold of $57,382. At the end of the year, the accounts payable balance was $10,432.

a) How long on average did it take the company to pay its suppliers?

b) What might a large value for this ratio imply?

Reference no: EM132862499

Questions Cloud

Stanley lynch organization structure : Give an example of differentiation in Stanley Lynch's organization structure and an example of integration in this structure.
Determine the joint costs allocated to product Wet : The company uses the net realizable value method for allocating the joint costs of processing. For the month of May, 2011, determine the joint costs
Creates value by making mergers-acquisitions and alliances : Its relationship with individual businesses, and how the corporate headquarters creates value by making mergers/acquisitions and alliances.
What is globalization of production : Question - What is globalization of production and how does it contribute to increasing trend of globalization around the world? Please explain
Problem - Calculating Average Payables Period : Calculating Average Payables Period - Hare, Inc., had a cost of goods sold of $57,382. At the end of the year, the accounts payable balance was $10,432
How many of each product should be produced : Minimum of 6,000 balls of each should be produced to stay competitive. If there are 3,000 hours available on the machine, how many of each product be produced
PSYU3332 Principles Of Psychological Assignment : PSYU3332 Principles Of Psychological Assignment Help and Solution, Macquarie University - Assessment Writing Service - develop and assess the reliability
Motivation-culture and decision-making : We learned about motivational strategies and why to use different strategies with different cultures
How has this shift affected economic well-being locally : Provide an explanation of the reasoning behind this shift. How has this shift affected economic well-being locally? How do the gains compare to the losses?

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