Homework Answers
Correct answer------------(A) 25 days
Working
| Number of days sales in Receivables | ||||
| Numerator | / | denominator | Number of days sales in Receivables | |
| Accounts Receivables | / | Sales /365 days | Number of days sales in Receivables | |
| $ 2,909.00 | / | (42544)/365 | 25 | days |
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Assuming all sales were on account, Miami Medical’s days’
sales in receivables during 2018 was:
The...
This Question: 1 pt The Hialeah Medical Corporation financial statements follow: EE (Click the icon to...
This Question: 1 pt The Hialeah Medical Corporation financial statements follow: EE (Click the icon to view the consolidated balance sheets.) (Click the icon to view the consolidated incom Assuming all sales were on account, Hialeah Medical's days' sales in receivables during 2018 was (Round intermediary calculation to the nearest whole million and intermediary ratios to two decimal places, XXx) O A. 25 days O B. 138.4 days. O c. 35 days. D. 21.3 days Data Table Hialeah Medical Corporation...
The Miami Medical Corporation financial statements follow E(Click the icon to view the consolidated balance sheets.)...
The Miami Medical Corporation financial statements follow E(Click the icon to view the consolidated balance sheets.) (Click the icon to view the consolidated income statements.) How many shares of common stock did Miami Medical have outstanding, on average, during 2018? (Hint: Compute earnings per share.) A. 35,168 million B. 138.4 million C. 20.2 million O D. 1,757 million Data Table in Miami Medical Corporation Consolidated Statements of Financial Position December 31, 2018 2017 (In Millions) Assets: Current assets 4,344 $...
What was the $value of Gross trade receivables for 2019 and 2018? (4) What was the...
What was the $value of Gross trade receivables for 2019
and 2018?
(4) What was the receivables turnover for
2019?
THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In millions except par value) December 31, 2019 2018 ASSETS S S Current Assets Cash and cash equivalents Short-term investments Total Cash, Cash Equivalents and Short-Term Investments Marketable securities Trade accounts receivable, less allowances of $524 and $501, respectively Inventories Prepaid expenses and other assets Total Current Assets Equity method investments Other...
The Orlando Medical Corporation financial statements follow. 15 (Click the icon to view the consolidated balance...
The Orlando Medical Corporation financial statements follow. 15 (Click the icon to view the consolidated balance sheets.) B (Clic Orlando Medical's quick (acid-test) ratio at year-end 2018 is closest to O A. 0.68 O B. $8,578 million O C. 0.45. OD. 0.75. Data Table view Orlando Medical Corporation Consolidated Statements of Financial Position December 31, (In Millions) 2018 2017 Assets: Current assets Cash and cash equivalents 4,333 5 4,226 Short-term investments 845 520 Accounts and notes receivable 3,400 2,403 Inventories,...
C. What is the days' sale in receivables for the current year? (show ALL work and...
C. What is the days' sale in receivables for the current year? (show ALL work and equations) What does the days' in receivable tell you about a business? Account Current Year Prior Year Net sales (all credit) $445,400 $362,000 Costs of goods sold $220,000 $185,000 Gross profit $225,400 $177,000 Income from operations $72,000 $80,000 Interest expense $8,000 $14,000 Net income $40,000 $35,000 Cash $34,000 $28,000 Accounts receivable, net $42,000 $62,000 Inventory $120,000 $100,000 Prepaid expenses $4,000 $2,000 Total current assets...
This Question: 1 pt 43 of 50 (9 complete) Data Table The Hialeah Medical Corporation financial...
This Question: 1 pt 43 of 50 (9 complete) Data Table The Hialeah Medical Corporation financial statements follow E (Click the icon to view the consolidated balance sheets.) Hialeah Medical Corporation Hialeah Medical's inventory turnover during fiscal year 2018 was Consolidated Statements of Income Year ended December 31, O A. 80 times. (In Millions, Except per Share Amounts) 2018 2017 2016 O B. 135.3 times Net revenue 42,142 S 35,614 S 31,125 OC. $34,119. 34,119 29.160 25,222 Cost of goods...
The Orlando Medical Corporation financial statements follow. ::: (Click the icon to view the consolidated balance...
The Orlando Medical Corporation financial statements follow. ::: (Click the icon to view the consolidated balance sheets.) Orlando Medical's current ratio at year-end 2018 is closest to O A. $735. O B. $8,578 OC. 0.94 OD. 1.2 1 Data Table 520 Orlando Medical Corporation Consolidated Statements of Financial Position December 31, (in Millions) 2018 2017 Assets: Current assets Cash and cash equivalents 4,333 $ 4.226 Short-term investments 845 Accounts and notes receivable 3,400 2.403 Inventories, at cost 411 Prepaid expense...
The Orlando Medical Corporation financial statements follow (Click the icon to view the consolidated balance sheets.)...
The Orlando Medical Corporation financial statements follow (Click the icon to view the consolidated balance sheets.) (Clic During 2018, Orlando Medical's total assets O A. increased by $1,863 million. O B. increased by 28.3 %. O C. Both a and b O D. increased by 22.1%. Data Table Orlando Medical Corporation Consolidated Statements of Financial Position December 31, 2018 2017 (In Millions) Assets: Current assets 4,333 S 4,226 Cash and cash equivalents 520 845 Short-term investments 2,403 3,400 Accounts and...
This Question: 1 pt The Orlando Medical Corporation financial statements follow EEB (Click the icon to...
This Question: 1 pt The Orlando Medical Corporation financial statements follow EEB (Click the icon to view the consolidated balance sheets.) (Click Orlando Medical's inventory turnover during fiscal year 2018 was O A. $35,147 O B. very slow O C. 83 times O D. 137.9 times -X Data Table Orlando Medical Corporation Consolidated Statements of Financial Position December 31, 2017 2018 (In Millions) Assets: Current assets 4,333 S 4,226 Cash and cash equivalents 845 Short-term investments 520 Accounts and notes...
1. assuming that the company makes all sales on accont, compute the amount of cash collected...
1. assuming that the company makes all sales on accont,
compute the amount of cash collected from customers during
2014.
2. compute the cost of inventory (either newly purchases or
manufactured) during 2014.
Draw Page Layout Formulas Data Review Financial Report - Excel View Help Abu About Search Jo CONSOLIDATED STATEMENTS OF CASH FLOWS (USDS) GRAVIO STAT CIVIC OF CON 12 Months Ended Sep. 27, 2014 Sep. 28, 2013 Sep. 29, 2012 $14,259 $10,746 $9,815 - use... 39,510 37,037 41,733...
This Question: 1 pt The Hialeah Medical Corporation financial statements follow: EE (Click the icon to view the consolidated balance sheets.) (Click the icon to view the consolidated incom Assuming all sales were on account, Hialeah Medical's days' sales in receivables during 2018 was (Round intermediary calculation to the nearest whole million and intermediary ratios to two decimal places, XXx) O A. 25 days O B. 138.4 days. O c. 35 days. D. 21.3 days Data Table Hialeah Medical Corporation...
The Miami Medical Corporation financial statements follow E(Click the icon to view the consolidated balance sheets.) (Click the icon to view the consolidated income statements.) How many shares of common stock did Miami Medical have outstanding, on average, during 2018? (Hint: Compute earnings per share.) A. 35,168 million B. 138.4 million C. 20.2 million O D. 1,757 million Data Table in Miami Medical Corporation Consolidated Statements of Financial Position December 31, 2018 2017 (In Millions) Assets: Current assets 4,344 $...
What was the $value of Gross trade receivables for 2019
and 2018?
(4) What was the receivables turnover for
2019?
THE COCA-COLA COMPANY AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (In millions except par value) December 31, 2019 2018 ASSETS S S Current Assets Cash and cash equivalents Short-term investments Total Cash, Cash Equivalents and Short-Term Investments Marketable securities Trade accounts receivable, less allowances of $524 and $501, respectively Inventories Prepaid expenses and other assets Total Current Assets Equity method investments Other...
The Orlando Medical Corporation financial statements follow. 15 (Click the icon to view the consolidated balance sheets.) B (Clic Orlando Medical's quick (acid-test) ratio at year-end 2018 is closest to O A. 0.68 O B. $8,578 million O C. 0.45. OD. 0.75. Data Table view Orlando Medical Corporation Consolidated Statements of Financial Position December 31, (In Millions) 2018 2017 Assets: Current assets Cash and cash equivalents 4,333 5 4,226 Short-term investments 845 520 Accounts and notes receivable 3,400 2,403 Inventories,...
This Question: 1 pt 43 of 50 (9 complete) Data Table The Hialeah Medical Corporation financial statements follow E (Click the icon to view the consolidated balance sheets.) Hialeah Medical Corporation Hialeah Medical's inventory turnover during fiscal year 2018 was Consolidated Statements of Income Year ended December 31, O A. 80 times. (In Millions, Except per Share Amounts) 2018 2017 2016 O B. 135.3 times Net revenue 42,142 S 35,614 S 31,125 OC. $34,119. 34,119 29.160 25,222 Cost of goods...
The Orlando Medical Corporation financial statements follow. ::: (Click the icon to view the consolidated balance sheets.) Orlando Medical's current ratio at year-end 2018 is closest to O A. $735. O B. $8,578 OC. 0.94 OD. 1.2 1 Data Table 520 Orlando Medical Corporation Consolidated Statements of Financial Position December 31, (in Millions) 2018 2017 Assets: Current assets Cash and cash equivalents 4,333 $ 4.226 Short-term investments 845 Accounts and notes receivable 3,400 2.403 Inventories, at cost 411 Prepaid expense...
The Orlando Medical Corporation financial statements follow (Click the icon to view the consolidated balance sheets.) (Clic During 2018, Orlando Medical's total assets O A. increased by $1,863 million. O B. increased by 28.3 %. O C. Both a and b O D. increased by 22.1%. Data Table Orlando Medical Corporation Consolidated Statements of Financial Position December 31, 2018 2017 (In Millions) Assets: Current assets 4,333 S 4,226 Cash and cash equivalents 520 845 Short-term investments 2,403 3,400 Accounts and...
This Question: 1 pt The Orlando Medical Corporation financial statements follow EEB (Click the icon to view the consolidated balance sheets.) (Click Orlando Medical's inventory turnover during fiscal year 2018 was O A. $35,147 O B. very slow O C. 83 times O D. 137.9 times -X Data Table Orlando Medical Corporation Consolidated Statements of Financial Position December 31, 2017 2018 (In Millions) Assets: Current assets 4,333 S 4,226 Cash and cash equivalents 845 Short-term investments 520 Accounts and notes...
1. assuming that the company makes all sales on accont,
compute the amount of cash collected from customers during
2014.
2. compute the cost of inventory (either newly purchases or
manufactured) during 2014.
Draw Page Layout Formulas Data Review Financial Report - Excel View Help Abu About Search Jo CONSOLIDATED STATEMENTS OF CASH FLOWS (USDS) GRAVIO STAT CIVIC OF CON 12 Months Ended Sep. 27, 2014 Sep. 28, 2013 Sep. 29, 2012 $14,259 $10,746 $9,815 - use... 39,510 37,037 41,733...
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