What is the amount of the companys accounts receivable

Assignment Help Financial Management

Reference no: EM13970965

A. Calculating Float You have $35,400 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $3,700 and then deposit a check for $5,300. What is your collection?

B. Size of Accounts Receivable Essence of Skunk Fragrances, Ltd., sells 5,000 units of its perfume collection each year at a price per unit of $380. All sales are on credit with terms of 1/10, net 30. The discount is taken by 35 percent of the customers. What is the amount of the company's accounts receivable? Round to TWO decimal places.

Reference no: EM13970965

Questions Cloud

What is the centripetal force acting on the car : What is the minimum coefficient of statistic friction between the tires and the track that will maintain this situation? If the tiles have a radius of 1.2m, what is the angular velocity of the tire? How many rotations do the tiles make on a single..

Variety of approaches to purchasing power parity : You were introduced to a variety of approaches to purchasing power parity. Select one purchasing power parity approach and explain why you chose it. Assess the approach you selected, identifying its characteristics and advantages for forecasting. In ..

Explain the background of one of the training videos : Explain the background of one of the training videos, the content, the learning objectives that it would meet, the time frame it will take, and the style of learners it will appeal to

Create a doubly linked list class named linkeditemlist : Create a doubly linked list class named LinkedItemList that implements the following interface. Write a program to thoroughly test all of the methods of your LinkedItemList class.

What is the amount of the companys accounts receivable : Calculating Float You have $35,400 on deposit with no outstanding checks or uncleared deposits. One day you write a check for $3,700 and then deposit a check for $5,300. What is your collection? What is the amount of the company's accounts receivable..

Find the accounting and cash break even units of production : The Marvel Mfg. Company is considering whether or not to construct a new robotic production facility. The cost of this new facility is $600,000 and it is expected to have a six-year life with annual depreciation expense of $100,000 and no salvage val..

Market value is related to idea of maximizing shareholder : The idea of maximizing market value is related to the idea of maximizing shareholder value, as market value is the price at which an asset would trade in a competitive setting. The sole concentration on shareholder value has been criticized, for conc..

Find he angular velocity of the system : Find: Free body diagram of the puck (looking at it from the side) when the center of rotation is to the left of it.

The after-tax profit margin is forecasted : Broussard Skateboard's sales are expected to increase by 15% from $8 million in 2013 to $9.2 million in 2014. Its assets totaled $2 million at the end of 2013. Broussard is already at full capacity, so its assets must grow at the same rate as project..

User Account

All Pages