User Account

All Pages

What will be the level of accounts receivable the change

Assignment Help Financial Accounting
Reference no: EM132909009

Question 1: James Inc. currently has P750,000 in accounts receivable, and its day sales outstanding (DSO) is 55 days. It wants to reduce its DSO to 35 days by pressuring more of its customers to pay their bills on time. If this policy is adopted, the company's average sales will fall by 15%. What will be the level of accounts receivable following the change? Assume a 365-day year.

Reference no: EM132909009

Questions Cloud

Businesses on the basis of future performance prospect : Explain the differences between a "think-global, act-global" strategy and a "think-global, act-local" strategy.
What is the contract wording called : A service contract includes the statement, "Bathrooms shall appear clean and soap shall be refilled before it is empty." What is this contract wording called?
Understanding of the protections : Discuss, in detail, your understanding of the protections afforded by the 5th and 14th Amendments and the Due Process Clause
Understanding of the importance of sustainability reporting : Demonstrate a general understanding of the importance of sustainability reporting. Critically discuss the sustainability report (last financial year) of Adidas
What will be the level of accounts receivable the change : If policy is adopted, the company's average sales will fall by 15%. What will be the level of accounts receivable following the change? Assume a 365-day year.
Explain stakeholder role in brief in corporate governance : Which stakeholders were best represented in Volkswagen's corporate governance, Explain each stakeholder's role in brief in corporate governance?
Subject-conflict and negotiation management : You are the leader of your class group and you are going to make an important presentation early in the morning. It is quite late. You have prepared fully and y
How much can short-term debt increase : The Artist Company has P1,312,500 in current assets. How much can its short-term debt (notes payable) increase without pushing its current ratio below 2.0?
Steps of an assertive confrontation message : In preparing a meeting with Manuel, what would be say to him using the steps of an assertive confrontation message?

Reviews

Write a Review

Financial Accounting Questions & Answers

  The effect of the quantity factor on the change in sales

If sales totaled $578,725 for the year (82,675 units at $7 each) and the planned sales totaled $865,480 (78,680 at $11.00 each), the effect of the quantity factor on the change in sales is:

  What is the IRR from the investment in the bonds

What is the IRR from the investment in the bonds? A firm purchases Treasury bonds for $250,000. The Face Value of the bonds are $300,000.

  Problem - Economic Order Quantity

Problem 3 - Economic Order Quantity - Sky Castle has been buying product Alhambra in lots of 1,200 units which represents a four month's supply

  What was the addition to retained earnings last year

If the company paid $1.00 per share to its common stockholders, Determine what was the addition to retained earnings last year?

  Which is published by the accounting standards board

Which is published by the accounting standards board of (AcSB)? Future costs associated with a restricting can only be recognized if they?

  S corporation tax return problem

S CORPORATION TAX RETURN PROBLEM Required: Using the information provided below, complete Salt Source Inc. s (SSI) latest Form 1120S - Of the $5,000 interest income, $2,000 was from a West Jordan city bond used to fund public activities (issued in ..

  Elucidate why revenue recognition rules were violated

Elucidate why revenue recognition rules were violated based on the facts of the case. How do such violations relate to the standards for legal liability under the securities acts?

  How do prepare one journal entry to summarize all accounts

During 2015, Prepare one journal entry to summarize all accounts written off against the Allowance for Doubtful Accounts during the 2015.

  Construct a indexed analysis

Construct a Vertical/Common- Size Analysis for 2009 Construct a Horizontal/Indexed Analysis

  Find what is rio tinto weighted average cost of capital

What is Rio Tinto's weighted average cost of capital? ?Rio Tinto has 15 million preference shares on issue, which are currently trading for $3.20 each.

  Analyse the two companies and each financial structure

Analyse the two companies and each financial structure "the difference such as cost, operational / project expenses, marketing budget, long/short term

  How long will peter receive monthly payments

Peter McKenzie invested a retirement gratuity of $17,570.00, If interest on RRIF is 9.5% compounded monthly, for how long will Peter receive monthly payments?

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