User Account

All Pages

What was blankenship operating cycle

Assignment Help Accounting Basics
Reference no: EM132738180

Question: The following information is available for Blankenship Company for the most recent year.

Sales $ 1,100,000

Cost of goods sold 760,000

Gross profit 340,000

Net income 85,000

Accounts receivable 90,000

Inventory 105,000

What was Blankenship's operating cycle for the most recent year? (Round to the nearest whole day.)

Reference no: EM132738180

Questions Cloud

Why two metabolic processes are controlled differently : Suggest a reason for why these two metabolic processes are controlled differently.
How did cheetah evolve : 1. How did cheetah's evolve? is there any new or current discoveries or findings about its evolution? please include references
Issues and situations common to all therapy groups : Issues and situations common to all therapy groups. It is centered in the individual experiences of the participants and shaped by the dynamics of the group
Identify adaptations of animal compared with other animals : Briefly describe its features characteristic of its phylum including morphology, embryology, and physiology.
What was blankenship operating cycle : The following information is available for Blankenship Company for the most recent year. What was Blankenship's operating cycle for the most recent year?
Describe the characteristics of the interior of aquaporin : Describe the characteristics of the interior of the aquaporin channel protein that allow water to flow through AND exclude glucose. If isolated keratinocytes
Financial institutions currently working in the market : Compare the different types of financial markets securities and Evaluate the performance of financial institutions currently working in the market.
Presence of aquaporins in chloroplast : A scientist claims that the presence of aquaporins in chloroplast membranes supports the endosymbiotic theory.
What are the advantages of having a paper-based output : What are the advantages and disadvantages of having a paper-based output and a system-based output? What are the practices of the company in maintaining.

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is running average inventory valuation methods

What is Net Income, Cost of Goods Sold, and Ending Inventory for LIFO,FIFO, Weighted Average, and Running Average Inventory valuation methods.

  During 2010 the dld company had a net income of 50000 in

during 2010 the dld company had a net income of 50000. in addition selected accounts showed the following changes

  Prepare all of the relevant journal entries

Prepare all of the relevant journal entries from the time of sale until the date indicated. Give entries through December 1, 2019.

  Discuss collaboration of the development of higher learning

Explain about the collaboration of the development of higher learning, the student/ facility interaction

  Compare the source of capital processes to sale

Compare the source of capital processes to sales processes in terms of: The frequency of transactions The volume of transactionsThe magnitude in dollars of a single transaction The manner of authorization

  1 why should interested parties thoroughly review an

1. why should interested parties thoroughly review an organizations financial statements? 2. why are

  The drug porapill from the manufacturer of the drug

A hospital must order the drug Porapill from the manufacturer of the drug. It costs $500 to place an order. Annual demand for the drug is normally distributed with mean 10,000 and standard deviation 3000, and it costs $5 to hold one unit in invent..

  How do the percent of revenue method and the percent of

how do the percent of revenue method and the percent of receivables method to estimate uncollectible accounts expense

  How much does he need to save each year

How much does he need to save each year, beginning at the end of this year to reach his target? Assume he could earn 8 per cent on any investment he makes

  Compute Chad ordinary income and capital gain

Chad's basis in his stock is $25,000. Compute Chad ordinary income and capital gain from the distribution. What is his stock basis after accounting for payment

  How much of the conversion will be subject to tax

His current balance is $125,000, which includes $28,300 in nondeductible contributions. How much of the conversion will be subject to tax

  What should be balance in allowance for doubtful accounts

Seven Seas Company's estimated period-end uncollectible accounts are $45,000. What should be the balance in the allowance for doubtful accounts after adjustment

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