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3 years ago

A company reports the following:

Business

1 answer:

fredd [130]3 years ago

7 0

Answer:

a. 15 times

b. 24.3 days

Explanation:

The computation is shown below:

a. Accounts receivable turnover

Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable

= $3,150,000 ÷ $210,000

= 15 times

b. Number of days sales in receivables = Total number of days in a year ÷ accounts receivable turnover ratio

= 365 days ÷ 15 times

= 24.3 days

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Elden [556K]

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1 year ago

Material requirements plus an allowance for normal inefficiencies are added together to determine the.

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2 years ago

Assume that Mahmood Corp. lends Ahmad $10,000 in exchange for a $10,000,

kolezko [41]

Answer:

1) the present value of the note:

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Dr Interest receivable 1,000

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Cr Interest revenue 1,171.81

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2 years ago

The fundamental attribution error:______ a. advantages non-dominant group members while disadvantaging dominant group members. b

guapka [62]

Answer:

Option B

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3 years ago

1. A major controversy that is yet to be resolved about the Medicare Prescription Drug, Improvement and Modernization Act of 200

qaws [65]

Answer:

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