User Account

All Pages

What were the average debtor days for the year ending

Assignment Help Accounting Basics
Reference no: EM133148647

Question - As at 31 December 2021 Don plc reported trade debtors of £1.5 million and trade creditors of £1.1 million. For the year ending 31 December 2021 Don plc reported revenue of £16 million and gross profit of £6 million. What were the average debtor days for the year ending 31 December 2021 (to the nearest day)?

Reference no: EM133148647

Questions Cloud

Does the proposed system present a strong business case : Identify any assumptions and interpretations that you are making with respect to the information that you have been given, that you are estimating
Construct a gantt chart in microsoft project : Construct a Gantt chart in Microsoft Project or other project management software - Determine the overall duration of the project
What role does a client risk tolerance play : What role does a client's risk tolerance play in the determination of the asset allocation of a portfolio? (Compare and contrast financial planning strategies)
Prepare a draft system vision document : Prepare a draft System Vision Document for the new information system for the Clinic. This system vision document will be revised
What were the average debtor days for the year ending : Don plc reported trade debtors of £1.5 million and trade creditors of £1.1 million. What were the average debtor days for the year ending
How much will you receive for your bond : Today, you want to sell a £1,000 face value zero coupon bond you currently own. The bond matures in 4.5 years. How much will you receive for your bond
Describe the area of the organisation under study : Create a short summary about the Good Health Clinic - Use the background information to create a short summary about the Good Health Clinic
What is the current yield on these bonds : Blackwell bonds have a face value of £1,000 and are currently quoted at 98.4. The bonds have a 5 percent coupon rate. What is the current yield on these bonds
What is the net present value for the project : Severn plc is assessing a new project to expand its business. If the cost of capital is 8% what is the net present value for the project (to 1 decimal place)

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare the journal entries to record the stock issuances

Cash and Noncash Issuances Chavoy Corporation was organized on July 1. Prepare journal entries to record the stock issuances on August 1, August 15 and Oct. 15

  Explain to wendy objectives of a system of internal control

Wendy states that she does not have time to develop and implement a system of internal controls. Explain to Wendy the objectives of a system of internal control

  Bilkins financial advisors provides accounting and finance

bilkins financial advisors provides accounting and finance assistance to customers in the retail business. they have 4

  What is the amount of David charitable contribution

David contributes to charity some tangible personal property that he had used in his business and depreciated. What is amount of David charitable contribution

  Partial income statement

Prepare a partial income statement for 2016 beginning with income from continuing operations. Ignore EPS disclosures. (Amounts to be deducted should be indicated with a minus sign.)

  What is the estimated cost of the ending inventory

Sunland Company has net sales of $400,000 and cost of goods available for sale of $278,000. What is the estimated cost of the ending inventory

  Record the transactions in the general journal

As of April 1, 2016, Kelly decided to move to rented quarters and to operate the business on a full-time basis. Record the transactions in the General Journal

  Calculate the cost of food sold on the cogs tab

Calculate the Cost of Food Sold on the COGS tab and calculate the Cost of Beverages Sold on the COGS tab - Enter the beginning balances from the November 30th Trial Balance tab into the T-Accounts tab

  Identify entrepreneurial business plan strategies

Identify entrepreneurial business plan strategies that enabled the company to become successful or otherwise.

  Determine the amount of cash provided by or used

Old Alabama Company purchased investments for $45,000 and plant assets for $127,000 during the current year, Determine the amount of cash provided by or used

  Which intangible assets should be amortized over the periods

Which intangible assets should be amortized over the periods of estimated benefit? research and development costs related to a successful product

  How one of the major economic events influenced supply

Write assessing how 1 of the major economic events influenced supply, demand, and economic equilibrium in the US economic activity

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