Why would a company that sells expensive jewelry

Assignment Help Accounting Basics
Reference no: EM13929169

Presented here are the average days to collect accounts receivable for four companies in different industries. The data are for 2010.

Required: 

Write a brief memorandum that provides possible answers to each of the following questions:

a. Why would a company that manufactures and sells airplanes (Boeing) and a company that manufacturers and sells automobiles (Ford) collect their accounts receivables in such relatively short times? 

b. Why would a company that sells expensive jewelry (Zales) collect its receivables so much quicker than a company that sells toothpaste and soap (Procter & Gamble)?

Reference no: EM13929169

Questions Cloud

Determine how each corporate culture differs from the other : Determine how each corporate culture differs from the other.
What is your opinion on the use of nuclear power : What is your opinion on the use of nuclear power to fulfill our energy needs? Do you feel that the benefits of nuclear power outweigh the risks
Events of hiring employees : The transaction cycle that includes the events of hiring employees and paying them is known as the
Advantage of a make-to-stock process : 1. An advantage of a make-to-stock process is which of the following? 2. According to Little's law, which of the following can be used to estimate inventory?
Why would a company that sells expensive jewelry : Why would a company that sells expensive jewelry (Zales) collect its receivables so much quicker than a company that sells toothpaste and soap (Procter & Gamble)?
Describe marginal productivity : describe the relationship between the number of inputs and the law of diminishing marginal productivity
Hygienist conducting personal sampling on a worker : You are an industrial hygienist conducting personal sampling on a worker who is overseeing a production process involving use of acetone (Note: The Occupational Safety and Health Administration has established a Permissible Exposure Limit of 1000 par..
Number of different audience members : Question 1: USA Today, Sports Illustrated, and Tonight Show with Jay Lenoare all examples of: Question 2: _____ is the measure of the number of different audience members exposed at least once to a media vehicle.
Based on the ratios computed in requirements a and b : Based on the ratios computed in Requirements a and b, did Hershey's performance get better or worse from 2009 to 2010?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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