User Account

All Pages

What was the accounts receivable turnover ratio

Assignment Help Financial Accounting
Reference no: EM132791017

SHEll Company reported the following data at the end of 2010:

Sales Revenue(75%on credit) =300000

Expenses(26% ON credit = 60,000

Accounts Receivable,Net at Dec31 2010(a decrease of 4000 during 2010) = 8000

Total Assests = 200000

Stockholder Equity = 5000

Problem 1: What was the accounts receivable turnover ratio?

Reference no: EM132791017

Questions Cloud

What amount should galore company recognize as gain : What amount should Galore Company recognize as gain from change in fair value in 2020? What amount should Galore Company report as depreciation
TH60123E Air Route Planning Assignment : TH60123E Air Route Planning Assignment Help and Solution, University of West London - Assessment Writing Service - European Short-haul Route Profitability
What do you think is the purpose of a personality test : What do you think is the purpose of a personality test? If someone with your test results was cast in a movie or a character in a novel, what role would they.
Calculating fees on a loan commitment : You have approached your local bank for a start-up loan commitment for $1,010,000 needed to open a car repair store.
What was the accounts receivable turnover ratio : What was the accounts receivable turnover ratio? Accounts Receivable,Net at Dec31 2010(a decrease of 4000 during 2010) = 8000
Incentive pay programs : Analyze the advantages of person-focused and job-based pay plans to determine which would be least preferable for companies in the technology industry.
How did women express the voices in new ways : How did the Cuban Revolution spark a new cultural movement? How did the Cuban Revolution spark a new cultural movement?
Compute the total estimated bill : Estimate to repair a commercial fryer. The company estimates that it would take 20 hours of labor and $8,000 of parts. Compute the total estimated bill.
What is the sustainable growth rate : What is the sustainable growth rate? Answer must be in percentages.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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