1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Anon25 [30]
4 years ago
13

Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. A

ssets Cash and short-term investments $ 40,000 Accounts receivable (net) 25,000 Inventory 20,000 What is the accounts receivable turnover for this company?
Business
1 answer:
STatiana [176]4 years ago
3 0

Answer:

Hie, the question you have provided is <em>missing</em> the Sales figures.

However steps to calculate the accounts receivable turnover are explained below:

Accounts receivable turnover is an activity ratio that shows how <em>effective</em> is the company<em> managing credit extended to debtors</em>.

Accounts receivable turnover = Net Credit Sales / Accounts Receivable

<u>From Our Scenario we have the following</u>

<em>Net Credit Sales = Missing</em>

<em>Accounts Receivable = $25,000</em>

The Ratio is measured in times.

You might be interested in
A social club charters a bus at a cost of $560 to take a group of members on an excursion to Atlantic City. At the last minute,
ANEK [815]

Answer:

40 persons

Explanation:

Given:

Total cost of trip = $560

Number of people Decide not to go = 5 people

raise cost = $2

Assume:

Number of people wants to go = a

Cost per person = b

So, a x b = $560 , b= 560/a

After people decided not to go ,

Total number of people = (a-5)

New cost = (b+2)

So , total cost = (a-5)(b+2) = $560

ab +2a -5b -10 = 560 , where ab = $560

2a -5b = 10

2a -5b = 10

By putthing value of b

2a - 5 (560/a) = 10

2a - (2800 / a) = 10

2a² - 2800 = 10a

2a² -10a - 2800 = 0

a= 40

Total 40 persons wants to go.

3 0
3 years ago
The arguments for restricting trade
katen-ka-za [31]

Answer: (A) Unfair competition argument

Explanation:

  The unfair competition argument is one of the type of common argument that helps in applying while taking various types of unfair decisions in an organization.

It is one of the intellectual branch that basically substitute the competitor's products and the items in the market by using the deceiving techniques or methods.

According to the given question, Lobbyist is basically using the various types of Unfair competition arguments for the purpose of argue for the trading restriction on the steel rods as the foreign producers are using their unfair benefits over the domestic manufactures.      

Therefore, Option (A) is correct answer.

6 0
3 years ago
Read 2 more answers
Team members withhold judgment while making a list that consists of a wide variety of possible solutions. This team is most like
salantis [7]
A on my momma it is
5 0
3 years ago
1. Executive Chalk is financed solely by common stock and has outstanding 25m shares with a market price of $10 per share. It no
elena-s [515]

Answer:

a. $10 per share  

b. 16 million shares

c. $250 million

d. 64%

e. No one gain or loss

Explanation:

a. The expected market price of the common stock is same as given in the question i.e $10 per share  

b. The buy back shares would be

= New debt value ÷ market price per share

= $160 million ÷ $10

= 16 million shares

c. The market value of the firm would be

= (Outstanding shares - buy back shares) × market price per share + debt value

= (25 million shares - 16 million shares) × $10 + $160 million

= $90 million + $1260 million  

= $250 million

d. The debt ratio would be

= Debt value ÷ market value of the firm

= $160 million ÷ 250 million

= 64%

e. No one gain or loss

4 0
3 years ago
Help please :)
Nataliya [291]

Answer:

Produce good & services

Explanation:

In the circular-flow model of an economy, households own all the factors of production. Households earn their income when firms purchase or rent these factors of production to use them to produce goods and services. Firms, in turn, earn revenue when households buy goods and services.

7 0
3 years ago
Read 2 more answers
Other questions:
  • Joy is taking out a car loan which she’ll pay back with interest. Which option will require her to pay the lowest amount in inte
    11·1 answer
  • HURRY NEED ANSWER ASAP which feature of a GUI browser allows you to list URL's that you use often
    8·2 answers
  • Elegance Bath Products, Inc. (EBP) makes a variety of ceramic sinks and tubs. EBP has just developed a line of sinks and tubs ma
    12·1 answer
  • An account related with another account on the financial statements that 1) directly reduces the related account and 2) has an o
    14·1 answer
  • A person with anorexia nervosa is likely to Multiple Choice
    9·1 answer
  • Vision Tech’s stock price is currently trading at $22 per share. The consensus among analysts is that the intrinsic value of Vis
    10·1 answer
  • Crane Company has two divisions; Sporting Goods and Sports Gear. The sales mix is 65% for Sporting Goods and 35% for Sports Gear
    10·1 answer
  • Marigold Corp. purchased a new machine on May 1, 2012 for $558000. At the time of acquisition, the machine was estimated to have
    12·1 answer
  • B MC Qu. 10-176 (Algo) The following labor standards have been ... The following labor standards have been established for a par
    14·1 answer
  • You're viewing a home with a buyer client. When you open one of the bedroom closets, you find a piece of paper with some informa
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!