Answer:
Days' sales in receivables= 31.91 days
Explanation:
The day's sales in account receivable ratio is also called average collection period. It states the number of days on the average to collect a business's account receivable.
Days sales turnover is calculated by dividing total number of days in a year by the account recievables turnover ratio.
The formula for accounts receivable turnover ratio= Current credit sales received/ Accounts receivable balance
Accounts receivable turnover= 1,453,909/127,100
Accounts receivable turnover= 11.439
Assume a 365 day year
Days' sales in receivables= 365/Account receivable turnover
Days' sales in receivables= 365/11.439
Days' sales in receivables= 31.908~ 31.91 days
Answer:
Explained briefly in the explaination box.
Explanation:
The amount of U.S. exportation has remained smaller since concerning from the year 1980. The U.S import rates decreased for the following sequential year meanwhile 1984, declining 1 .7 percent later a 2.5-percent decrease in 1983. The descending trend in import costs through the year, that was extra broad-based than in 1983 meanwhile aggregate price changes were predominately affected by lowering energy costs.
Debentures are bonds that are not backed by any physical collateral. They are backed by the reputation and creditworthiness of the issuing company.
Are debentures backed by assets?
Because the issuer anticipates paying back the loans with money from the sale of the business initiative they helped fund, debentures are also known as revenue bonds. Debentures are not backed by tangible property or collateral. They have the issuer's full faith and credit as their only guarantee.
What is debenture and its characteristics?
An extended source of funding is provided by the debentures. They are made up of a protracted predetermined maturity phase. The debentures are typically repaid at the conclusion of their 10–20 year maturity period. The business returns the investor's principal investment amount at maturity.
Learn more about debentures backed by assets: brainly.com/question/14788206
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