What is the firm days sales outstanding

Assignment Help Financial Management

Reference no: EM131546368

ABC, Inc. has been experiencing cash shortages due to its high growth rate. Using the following information, what is the firm's Days Sales Outstanding? (Round to one decimal place.) Average inventory = $ 75,000 Annual sales = $600,000 Annual cost of goods sold = $360,000 Average accounts receivable = $160,000 Average accounts payable = $ 25,000.

Reference no: EM131546368

Questions Cloud

Two mutually exclusive projects : Zayas, LLC, has identified the following two mutually exclusive projects: At what discount rate would you be indifferent between these two projects?

What is the firm cash conversion cycle : ABC, Inc. has been experiencing cash shortages due to its high growth rate. Using the following information, what is the firm's Cash Conversion Cycle?

Nominal annual percentage cost of its non-free trade credit : What is the nominal annual percentage cost of its non-free trade credit, based on a 365-day year?

Biggest most important challenge currently faced by spotify : What are the biggest most important challenge(s) currently faced by Spotify?

What is the firm days sales outstanding : Using the following information, what is the firm's Days Sales Outstanding?

Explain the challenge or task of crossing the chasm in terms : Explain the challenge or task of "Crossing the Chasm" in terms of the business and financial challenges facing early stage technologies.

Experiencing cash shortages due to its high growth rate : ABC, Inc. has been experiencing cash shortages due to its high growth rate.

Preparing its cash budget : ABC Inc. is preparing its cash budget. It expects to have sales of $40,000 in April, $48,000 in May, and $55,000 in June.

What is the firm inventory conversion period : Using the following information, what is the firm's Inventory Conversion Period?

User Account

All Pages