What is the number of days sales uncollected for the years

Assignment Help Accounting Basics
Reference no: EM13602486

The following annual account balances are taken from ProTeam Sports at December 31.

2011 2010
Accounts receivable $75,692 $ 70,484
Net Sales 2,591,933 2,296,673

What is the number of days' sales uncollected for the years 2010 and 2011? (Use 365 days a year. Do not round intermediate calculations and round your final answers to 1 decimal place.)

Reference no: EM13602486

Questions Cloud

For o3 and a02 level of significane what sample size would : an automobile mileage study tested the following hypothesishypothesis conclusionhomicro? 25
Prepare summary journal entries to record i the requisition : milner manufacturing uses a job order cost system. on may 1 the company has a balance in work in process inventory of
The convective heat transfer coefficient between the outer : it is 30degf outside. the temperature of the outside surface of a building is 33degf. the thickness of the building
Assume that the senior managers of fedex express and fedex : assume that the senior managers of fedex express and fedex ground each have an investment opportunity that would
What is the number of days sales uncollected for the years : the following annual account balances are taken from proteam sports at december 31. 2011 2010 accounts receivable
Sparr investments inc specializes in tax-deferred : sparr investments inc. specializes in tax-deferred investment opportunities for its clients. recently spar offered a
What is fedexs strategy for success in the marketplace : what is fedexs strategy for success in the marketplace? does the company rely primarily on a customer intimacy
If solar radiation is incident on the spacecraft at a rate : would a flagpole made of steel or aluminum freeze ones tongue to it faster? why? thermal conductivity 2. the outer
Ludwig company which normally operates a process costing : ludwig company which normally operates a process costing system to account for the cost of the computers that it

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is melanies office in the home deduction b suppose

melanie is employed full-time as an accountant for a national hardware chain. she also has a private consulting

  Determining cash flow effects

Determining Cash Flow Effects - For each of the following transactions, determine whether cash flows from operating activities will increase, decrease, or remain the same:

  What is the increase or decrease in profits as a result of

for many years diehl company has produced a small electrical part that it uses in the production of its standard line

  How much may the employer deduct for these expenses

Carl, an employee of a Miami CPA firm, was sent to work in Tampa for eight months on March 1, year 1, on a financial audit. His monthly transportation expenses were $400, his monthly lodging was $1,200, and his meals were $800 per month.

  Why are the notes significant for understanding an

1. why are the notes significant for understanding an organizations financial statement?2. what types of

  At what volume was the old break-even

You received an email from Carl the operations manager from the California Container division. They produce packaging for cell phones. Carl understands that his product is an important cash producer for the company.

  Artis a married taxpayer filing a joint return had the

artis a married taxpayer filing a joint return had the following items for 2013salary of 60000.loss of 40000 on the

  What two conditions must be met in order for a product

general motors corporation disclosed estimated product warranty payable for comparative years as follows in millions

  Assume there is no beginning work in process inventory and

assume there is no beginning work in process inventory and the ending work in process inventory is 100 complete with

  Calculate cost of new common equity

Calculate the firm's cost of retained earrings and the cost of new common equity. Calculate the break-point associated with retained earnings.

  What is the amount of the invested capital

In 2008, Wishbone Corporation had an operating profit of $750,000 and a residual income of $300,000. If Wishbone's cost of capital is 15%, what is the amount of the invested capital? (Ignore taxes)

  Shannon company segments its income statement into its

shannon company segments its income statement into its north and south divisions. the companys overall sales

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