User Account

All Pages

What is the company days sales in receivables

Assignment Help Accounting Basics
Reference no: EM133100945

Question - A company has net income of $182,000, a profit margin of 10.00 percent, and an accounts receivable balance of $106,394. Assuming 65 percent of sales are on credit, what is the company's days sales in receivables?

Reference no: EM133100945

Questions Cloud

What will happen to the firm current ratio : The King Carpet Company has $2,870,000 in cash and a total of $12,320,000 in current assets. What will happen to the firm current ratio
Calculate the net present value of the acquisition : Calculate the net present value (NPV) of the acquisition to Makmur Bhd based on the proposed shares exchange
What is the dividends per share figure : Nataro, Incorporated, has sales of $668,000, costs of $330,000, depreciation expense of $74,000, What is the dividends per share figure
What is the net income for this firm : Griffin's Goat Farm, Incorporated, has sales of $594,000, costs of $365,000, depreciation expense of $49,000, What is the net income for this firm
What is the company days sales in receivables : An accounts receivable balance of $106,394. Assuming 65 percent of sales are on credit, what is the company's days sales in receivables
What is the cost of goods sold for the company : Highly Suspect Corporation has current liabilities of $403,000, a quick ratio of 1.30, inventory turnover of 3.30, What is the cost of goods sold for company
Calculate the profitability index of investment : A friend who owns a perpetuity that promises to pay $1,000 at the end of each year, Calculate the profitability index (PI) of investment
Determine the cost of sales for the month of July : Consider the following: Expected sales for July and August are $8,000 and $8,300 respectively. Determine the cost of sales for the month of July
What is their marginal tax rate on this income : If Jorge and Anita earn an additional $100,000 of taxable income, what is their marginal tax rate on this income

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