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
natta225 [31]
3 years ago
6

Aguilera corp. has a current accounts receivable balance of $336,500. credit sales for the year just ended were $4,515,830. what

is the company's receivables turnover?
Business
1 answer:
Alika [10]3 years ago
6 0

The receivables turnover ratio is an activity ratio computing how proficiently a firm uses its assets.

Receivables turnover ratio can be calculated by: net value of credit sales during a given period divided by the average accounts receivables.

Receivables turnover = sales / receivable

= 4,515,830 / 336,500

= 13.42

 

Days’ sales in receivables = 365 days/ receivable turnover

= 365 / 13.42

= 27.20

The average collection period is 27.20 days.

You might be interested in
Based on what you have read, Paul has the absolute advantage in the production of. Has the comparative advantage in producing sh
Darina [25.2K]

Answer:both shirts and handbags

Paul

Francisco

Specialize by producing shirts only

Explanation:

8 0
3 years ago
Because we often cant choose who our coworkers will be we should
Vanyuwa [196]
Practice working with others even if you don't fell comfortable with this person, or necessarily like them at all.
6 0
3 years ago
An insurance policy written after 1988 that fails to pass the seven-pay test is known as
Zigmanuir [339]
The answer to this question is a modified endowment contract. A modified endowment contract or MEC is a type of life insurance policy where in the policy/ insurance is being funded with more money or the insurance premium payment exceeds the amount allowed under the federal law. The modified endowment contracts are taxable.
3 0
3 years ago
How do you manage innovation if ideas can come from anywhere, including people who aren’t your direct employees—or aren’t even p
julsineya [31]

Answer and Explanation:

Development is a significant part for any association. It makes ready for organization's sustenance and ensures that the association is rivalry in a sound way in the market. Be that as it may, overseeing advancement can be a precarious circumstance. So as to oversee advancement that can emerge out of where anyplace, the association needs to comprehend the significance of the development and the wellsprings of development.  

Associations need to make arrangements to support developments, open dialog on these issues and advance individuals who achieve the changes. So as to do that the organization need to instill the way of life of advancement. This requires changes in the manner association works, the objectives, the crucial vision of the organization. The estimation of the organization must be set up in a manner that advances development and prizes the individuals who are engaged with this procedure.

5 0
3 years ago
Choose all that apply. Select each of the costs or consequences of being financially irresponsible. having a low credit score ea
Aleksandr [31]
I feel all can apply?
hope this helped?! :/
8 0
3 years ago
Read 2 more answers
Other questions:
  • The Role of Risk
    12·2 answers
  • Stocks A and B have the following data. Assuming the stock market is efficient and the stocks are in equilibrium, which of the f
    6·1 answer
  • White Lion Homebuilders has a current stock price of $22.35 per share, and is expected to pay a per-share dividend of $2.03 at t
    10·1 answer
  • "In the context of international trade, _____ is defined as selling goods in a foreign market at a price below their costs of pr
    12·1 answer
  • What did economic liberalism stand for​
    7·1 answer
  • Two products, QI and VH, emerge from a joint process. Product QI has been allocated $28,300 of the total joint costs of $49,000.
    9·1 answer
  • In the multiplex industry, Vibrant Movies Inc. is an upscale multiplex that focuses on superior customer experience. The firm ch
    6·1 answer
  • How does the book value of shares of stock differ from the market value of shares of stock? Use a real-world example in your ans
    7·1 answer
  • Write two or three career goals for yourself. Remember to use the guidelines for writing goals. Also, state how you will review
    11·2 answers
  • A basic interest rate that is not adjusted for inflation is called a(n)___ interest rate.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!