What is the companys average accounts receivables

Assignment Help Finance Basics
Reference no: EM13298647

Megwig Corporation has a DSO of 17 days. The company averages $3,500 in credit sales each day. What is the company's average accounts receivables?

Reference no: EM13298647

Questions Cloud

Explain naoh solution after the additions of titrant : Find the pH during the titration of 20.00 mL of 0.1000 M butanoic acid, CH3CH2CH2COOH (Ka = 1.54 x 10^-5), with 0.10 M NaOH solution after the following additions of titrant. a.) 15.00 mL b.) 20.90 mL c.) 27.00 mL
Find the magnitude of the maximum torque exerted on the coil : A 70 turn coil of radius 4.6 cm rotates in a uniform magnetic field having a magnitude of 0.45 T. find the magnitude of the maximum torque exerted on the coil
Explain what is the ph of the saturated solution of ca(oh)2 : What is the pH of the saturated solution of Ca(OH)2 (Ksp = 1.3 x 10-6). 12.14 8.11 11.06 12.37 2. To a 1.00 L solution containing 1.00 x 10-3 mole each of Ca2+, Sr2+, and Ba2+, 0.0100 mole of Na2SO4 solid is added
What is the average electrical energy dissipated : A single circular loop piece of copper wire has a radius (r) of 12 cm. What is the average electrical energy dissipated in the resistance of the wire
What is the companys average accounts receivables : Megwig Corporation has a DSO of 17 days. The company averages $3,500 in credit sales each day. What is the company's average accounts receivables?
Compute break even point in units of product : Compute break even point in units of product (2) break even point in sales (3) the number of units product that must be produced and sold to achieve a profit of Rs.10000 and (4) the sales revenue required to achieve a profit of Rs.10000.
The stressed nursing students physiological stress response : The stressed nursing student's physiological stress response includes: When insulin binds to its receptors on muscle cells, an increase in glucose uptake by the muscle cells is the result. This is an example of a_____ effect by a hormone.
What is the cost of the preferred stock : Burnwood tach plans to issue some $60 par preferred stock with a 6% dividend. A similar stock is selling on the market for $70. Burnwood must pay flotation costs of 5% of the issue price. What is the cost of the preferred stock?
Compute the unit product costs for the products : Harrison Company makes two products and uses a conventional costing system in which a single plant-wide predetermined overhead rate is computed based on direct labor-hours.

Reviews

Write a Review

Finance Basics Questions & Answers

  What is the stocks current price

A stock is expected to pay a dividend of $0.75 at the end of the year. The required rate of return is r = 10.5%, and the expected constant growth rate is g = 1.3%. What is the stock's current price?

  How much money can they withdraw annually

How much money can they withdraw annually if they wish to spend all of their money during their lifetime?

  Why are municipal bonds exempt from federal tax

Why are municipal bonds exempt from federal tax? What happends if they were not?

  What is the expected dividend payout ratio

What is the expected dividend payout ratio if the company follows a residual dividend policy? 1. 50% 2. 40% 3. 20% 4. 25% 5. none of the above

  Calculate the total value of the synergy

ABC Corporation is planning launching a takeover bid for XYZ plc. The two companies are in the industry and have identical cost of equity capital, which is 12 percent after tax.

  Find the earnings available for common stockholders

At the end of 2005, the Long Life Light Bulb Corporation declared it had produced a gross profit of $1 million. The company has also established that over the course of this year it has incurred $345,000 in operating costs and $125,000 in interest co..

  What is the current yield for bond p

Bond P is a premium bond with an 9.9 percent coupon. Bond D is a 5.9 percent coupon bond currently selling at a discount. Both bonds make annual payments, have a YTM of 7.9 percent, and have fourteen years to maturity.

  Compute the coefficient of variation

Greengage, Corporation, a successful nursery, is planning several expansion projects. All of the alternatives promise to produce an acceptable return.

  Which is the better machine for the firm

Either machine must be replaced at the end of its life with an equivalent machine. Which is the better machine for the firm? The discount rate is 10% and the tax rate is zero.

  What will the winners prize be in 2040

In 1985, the winner of a competition was paid $110. In 2006, the winners prize was $70,000. What will the winners prize be in 2040 if the prize continues at the same rate?

  Determine length of the inventory period

The Corner Market has sales of 898,000 and a cost of goods sold equal to 70 percent of sales. The beginning inventory is 64,000 and the ending inventory is 71,000.

  What will be the bi-annual deposit

Instead you intend on only making 3 deposits: on the child's 5th birthday, on the 11th and on the 15th. Each deposit is double the previous deposit. How much are the deposits?

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