What is the company receivables turnover

Assignment Help Financial Management
Reference no: EM131947075

Aguilera Corp. has a current accounts receivable balance of $334,800. Credit sales for the year just ended were $4,670,460.

What is the company's receivables turnover? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Receivables turnover times

What is the company's days' sales in receivables? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Days' sales in receivables days

How long did it take on average for credit customers to pay off their accounts during the past year? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Average collection period days

Reference no: EM131947075

Questions Cloud

The company to pay off its suppliers during the year : At the end of the year, the accounts payable balance was $8,343. How long on average did it take the company to pay off its suppliers during the year?
What is the price-earnings ratio-market-to-book ratio : If the stock currently sells for $62 per share, what is the market-to-book ratio? What is the price-earnings ratio?
What is the current ratio and what is the quick ratio : SDJ, Inc., has net working capital of $3,640, current liabilities of $5,430, What is the current ratio? What is the quick ratio?
What is the inventory turnover : What is the inventory turnover? What is the days' sales in inventory?
What is the company receivables turnover : What is the company's receivables turnover? What is the company's days' sales in receivables?
Advantages and risk associated with buying stock on margin : How and why are mortgage markets studied as a separate capital market? Explain the advantages and risk associated with buying stock on margin.
Potential problems-limitations of financial ratio analysis : What are some potential problems and limitations of financial ratio analysis?
How much of the second month payment will be interest : What will be the monthly loan payment. How much of the second month payment will be interest?
Assuming sales-salaries expense for first proforma year : Morgan LLC has base sales of 100 and salaries expense is 64% of sales. Assuming sales, salaries expense for the first proforma year is :

Reviews

Write a Review

Financial Management Questions & Answers

  Determine the cost of capital of levered firm

Determine the cost of capital of this levered firm assuming the M&M model holds in a world of no taxes. Please explain the empirical results.

  Company current ratio-quick ratio and statement of cash flow

Tramson Corp has experienced steady increases in its inventory turns over the past several years. Indicate the impact of this on the company's current ratio, quick ratio, and statement of cash flows, respectively.

  Discuss whether general motors can accomplish its goals

General Motors (GM) sold 10 new Suburbans and 10 new Corvettes on credit to Jane's Super Chevy car dealership. discuss whether GM can accomplish its goals.

  Is the equilibrium exchange rate higher or lower

Suppose that, at a certain real exchange rate, a country's net exports exceed its net capital outflows.- Is the equilibrium exchange rate higher or lower than this level?

  Not a current asset

Which of the following is NOT a current asset? a. Inventory b. Accounts receivable c. Cash d. A rent deposit expected to be received back in 3 months when a lease expires. e. All of these are current assets.

  What is probability of up movement in risk-neutral world

The current price of a non-dividend-paying biotech stock is $140 with a volatility of 25%. The risk-free rate is 4%. For a 3-month time step: What is the percentage up movement? What is the percentage down movement? What is the probability of an up m..

  Explain what is securitization

What is securitization? What are the benefits that banks can get from it? What impact is securitization likely to have on the quality of assets that banks keep in their portfolio?

  What is the operating cash flow-cash flow from assets

Quarles Industries had the following operating results for 2015: sales = $27,960; cost of goods sold = $19,360; depreciation expense = $4,940; interest expense = $2,190; dividends paid = $1,050. What is the operating cash flow for 2015? What is the c..

  Behavioral finance assumes that investors are rational

Behavioral Finance assumes that investors are rational. Investor Sentiment is generally more reliable at identifying bottoms in a market than tops.

  Difference in amount of personal wealth

What would be the difference in the amount of personal wealth between (A) and (B) after 50 years, while both receive the same salary?

  Inputs annual interest rate

Inputs Annual Interest Rate 4.25% IO loan, 5-year balloon Income Test Minimum DSCR 1.20 Maximum Annual Mortgage Payment Maximum LTV 95%

  Capital budgeting decisions-npv-irr-mirr and payback

We learned five different techniques for evaluating capital budgeting decisions: NPV, IRR, MIRR, payback and discounted payback.

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd