User Account

All Pages

What is the days sales outstanding what is the average

Assignment Help Finance Basics
Reference no: EM13568119

Snider Industries sells on term of 2/10, net 45. Total sales for the year are $1,500,000. Thirty percent of customers pay on the 10th day and take discounts: the other 70% pay, on average, 50 days after their purchases.

a. What is the days sales outstanding?

b. What is the average amount of receivables?

c. What would happen to average receivables if Snider toughened its collection policy with the result that all non-discount customers paid on the 45th day.

Reference no: EM13568119

Questions Cloud

Explain why the management of regis steel division would : raddington industries produces tools and die machinery for various manufacturers. 2 years ago the company expanded
Could write three pages argumentative essay about saudi : could write three pages argumentative essay about saudi woman and why some people want her to drive and other do not.i
Assume the total increase to grant incs 2012 net income : grant inc. acquired 30 of south companys common stock for 350000 on january 1 2011. during 2011 south company reported
If the firm expects to earn 20 million in net income and : clinton company is financed 40 percent by equity and 60 percent by debt. if the firm expects to earn 20 million in net
What is the days sales outstanding what is the average : snider industries sells on term of 210 net 45. total sales for the year are 1500000. thirty percent of customers pay on
Storico co just paid a dividend of 205 per share the : storico co. just paid a dividend of 2.05 per share. the company will increase its dividend by 24 percent next year and
Suppose you want to estimate the proportion of cars that : suppose you want to estimate the proportion of cars that are sport utility vehicles suvs being driven in kansas city
Please write what are those impacts on the ma economy are : requirements1 text of the paper should be between 7 and 10 pages.2 the paper should using 12-point type double spaced.3
Tricki corp stock sells for 45 rights-on and the : tricki corp stock sells for 45 rights-on and the subscription price is 35. ten rights are required to purchase one

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

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