Average accounts receivable = ($18,800 / 7) × 51
Average accounts receivable = $136,971.43
Skye Flyer, Inc., has weekly credit sales of $18.800, and the average collection period is 51...
Four Doors Down, Inc., has weekly credit sales of $36,500, and the average collection period is 31 days. What is the company's average accounts receivable figure? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Average accounts receivable
A7X, Inc., has an average collection period of 23 days. Its average daily investment in receivables is $82,000. What is the receivables turnover? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) Receivables turnover times What are annual credit sales? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Annual credit sales $
Rose, Inc., has an average collection period of 29 days. Its average daily investment in receivables is $91,300. a. What is the receivables turnover? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) b. What are annual credit sales? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) times a. Receivables turnover Annual credit sales
1. A7X, Inc., has an average collection period of 31 days. Its average daily investment in receivables is $90,000. What is the receivables turnover? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.) Receivables turnover times What are annual credit sales? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Annual credit sales
The Malibu Corporation has annual credit sales of $34 million. The average collection period is 36 days. What is the average investment in accounts receivable as shown on the balance sheet? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.) Average receivables.
The Malibu Corporation has annual credit sales of $36 million. The average collection period is 38 days. What is the average investment in accounts receivable as shown on the balance sheet? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to 2 decimal places, e.g., 1,234,567.89.) Average receivables.
Starset, Inc., has an average collection period of 50 days. Its average daily investment in receivables is $44,300. Assume 365 days per year. a. What is the receivables turnover? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) b. What are annual credit sales? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) The Snedecker Corporation is considering a change in its cash-only policy. The new terms would...
Hanse, Inc., has a cash cycle of 37.5 days, an operating cycle of 51 days, and an inventory period of 21 days. The company reported cost of goods sold in the amount of $359,000, and credit sales were $582,000. What is the company’s average balance in accounts payable and accounts receivable? (Do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.)
Aguilera Corp. has a current accounts receivable balance of $338,500. Credit sales for the year just ended were $4,847,320. What is the company's receivables turnover? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Receivables : turnover times What is the company's days' sales in receivables? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) Days' sales in receivables 7 days How long did it...
Ordonez Lumber Yard has a current accounts receivable balance of $446,016. Credit sales for the year just ended were $6,853,080 What is the receivables turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, o.g, 32.16.) Receivables turnover times What is the days' sales in receivables? (Do not round intermediate calculations and round your answer to 2 decimal places, e.932.16) Days' sales in receivables decimal places,e.g, 32.16.) Average collection period days for credit customers to pay...