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Recent financial statements of General Mills, Inc. report net sales of $12,812,486,000. Accounts receivable are $914,562,000...
ht ates Current Attempt in Progress xcel Con- Recent financial statements of General Mills, Inc. report...
ht ates Current Attempt in Progress xcel Con- Recent financial statements of General Mills, Inc. report net sales of $12.491,470,000. Accounts receivable are $956,890,000 at the beginning of the year and $973,285,000 at the end of the year. Support X Your answer is incorrect. sources erves aluations Compute General Mills' accounts receivable turnover. (Round answer to 2 decimal places, eg 15.25.) Accounts receivable turnover 1.29 times 24 PM e Textbook and Media X Your answer is incorrect. Compute General Mills'...
Suppose the 2022 financial statements of 3M Company report net sales of $23.1 billion. Accounts receivable (net) are $3...
Suppose the 2022 financial statements of 3M Company report net sales of $23.1 billion. Accounts receivable (net) are $3.2 billion at the beginning of the year and $3.25 billion at the end of the year. Compute 3M's accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover ratio times e Textbook and Media List of Accounts Compute 3M's average collection period for accounts receivable in days. (Round answer to 1 decimal place, e.g. 12.5. Use 365...
Recent financial statements of Sage Hill Ship Builders, Inc. report net sales of $676,200,000. Accounts receivable...
Recent financial statements of Sage Hill Ship Builders, Inc.
report net sales of $676,200,000. Accounts receivable are
$62,500,000 at the beginning of the year and $87,900,000 at the end
of the year. (Round answers to 2 decimal places, e.g.
50.27. Use 365 days for calculation.)
Compute Sage Hill’s accounts receivable turnover.
Accounts receivable
turnover
times
Compute Sage Hill’s average collection period for accounts
receivable in days.
Average collection period for
accounts receivable
days
Suppose the 2022 financial statements of 3M Company report net sales of $22.8 billion. Accounts receivable...
Suppose the 2022 financial statements of 3M Company report net sales of $22.8 billion. Accounts receivable (net) are $2.9 billion at the beginning of the year and $3.10 billion at the end of the year. Compute 3M's accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover ratio times e Textbook and Media List of Accounts Compute 3M's average collection period for accounts receivable in days. (Round answer to 1 decimal place, eg. 12.5. Use 365...
Suppose the 2022 financial statements of 3M Company report net sales of $22.0 billion. Accounts receivable...
Suppose the 2022 financial statements of 3M Company report net sales of $22.0 billion. Accounts receivable (net) are $2.7 billion at the beginning of the year and $2.80 billion at the end of the year. Compute 3M’s accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover ratio enter the accounts receivable turnover ratio in times rounded to 1 decimal place times eTextbook and Media List of Accounts Compute 3M’s average collection period for...
Suppose the 2022 financial statements of 3M Company report net sales of $23.1 billion. Accounts receivable...
Suppose the 2022 financial statements of 3M Company report net sales of $23.1 billion. Accounts receivable (net) are $3.2 billion at the beginning of the year and $3.25 billion at the end of the year. Your answer is correct. Compute 3M's accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover ratio times 7.2 eTextbook and Media List of Accounts X Your answer is incorrect. Compute 3M's average collection period for accounts receivable in days. (Round...
Suppose the 2022 financial statements of 3M Company report net sales of $22.2 billion. Accounts receivable...
Suppose the 2022 financial statements of 3M
Company report net sales of $22.2 billion. Accounts
receivable (net) are $2.9 billion at the beginning of the year and
$3.02 billion at the end of the year.
Compute 3M’s accounts receivable turnover. (Round
answer to 1 decimal place, e.g. 12.5.)
Accounts receivable turnover ratio
enter the accounts receivable turnover ratio in times rounded
to 1 decimal place
Compute 3M’s average collection period for accounts receivable
in days. (Round answer to 1 decimal...
The following data are taken from the financial statements of Colby Company. Accounts receivable (net), end...
The following data are taken from the financial statements of Colby Company. Accounts receivable (net), end of year Net sales on account Terms for all sales are 1/10, 1/45 2020 2019 $560,000 $555,000 4,069,750 3,092,250 Compute for each year the accounts receivable turnover. At the end of 2018, accounts receivable was $530,000. (Round answers to decimal ple 2020 2019 Accounts receivable turnover times times e Textbook and Media Compute for each year the average collection period. At the end of...
uppose the 2017 financial statements of 3M Company report net sales of $23.9 billion. Accounts receivable...
uppose the 2017 financial statements of 3M Company report net sales of $23.9 billion. Accounts receivable (net) are $3.30 billion at the beginning of the year and $3.55 billion at the end of the year. Compute 3M Company’s receivable turnover. Compute 3M Company’s average collection period for accounts receivable in days. (Round answer to 1 decimal place, e.g. 12.5. Use 365 days for calculation.)
--/1 Question 7 View Policies Current Attempt in Progress The following information (in $ millions) was...
--/1 Question 7 View Policies Current Attempt in Progress The following information (in $ millions) was taken from recent annual reports of Kellogg Company and General Mills, Inc. Kellogg General Mills Sales revenue $13,525 $17,630 Average accounts receivable balance $1,310 $1,435 Calculate each company's accounts receivable turnover. (Round answers to 1 decimal place, e.g. 50.1.) Accounts receivable turnover times Kellogg times General Mills e Textbook and Media Calculate each company's average collection period. (Round answers to 1 decimal places, e.g....
ht ates Current Attempt in Progress xcel Con- Recent financial statements of General Mills, Inc. report net sales of $12.491,470,000. Accounts receivable are $956,890,000 at the beginning of the year and $973,285,000 at the end of the year. Support X Your answer is incorrect. sources erves aluations Compute General Mills' accounts receivable turnover. (Round answer to 2 decimal places, eg 15.25.) Accounts receivable turnover 1.29 times 24 PM e Textbook and Media X Your answer is incorrect. Compute General Mills'...
Suppose the 2022 financial statements of 3M Company report net sales of $23.1 billion. Accounts receivable (net) are $3.2 billion at the beginning of the year and $3.25 billion at the end of the year. Compute 3M's accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover ratio times e Textbook and Media List of Accounts Compute 3M's average collection period for accounts receivable in days. (Round answer to 1 decimal place, e.g. 12.5. Use 365...
Recent financial statements of Sage Hill Ship Builders, Inc.
report net sales of $676,200,000. Accounts receivable are
$62,500,000 at the beginning of the year and $87,900,000 at the end
of the year. (Round answers to 2 decimal places, e.g.
50.27. Use 365 days for calculation.)
Compute Sage Hill’s accounts receivable turnover.
Accounts receivable
turnover
times
Compute Sage Hill’s average collection period for accounts
receivable in days.
Average collection period for
accounts receivable
days
Suppose the 2022 financial statements of 3M Company report net sales of $22.8 billion. Accounts receivable (net) are $2.9 billion at the beginning of the year and $3.10 billion at the end of the year. Compute 3M's accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover ratio times e Textbook and Media List of Accounts Compute 3M's average collection period for accounts receivable in days. (Round answer to 1 decimal place, eg. 12.5. Use 365...
Suppose the 2022 financial statements of 3M Company report net sales of $23.1 billion. Accounts receivable (net) are $3.2 billion at the beginning of the year and $3.25 billion at the end of the year. Your answer is correct. Compute 3M's accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover ratio times 7.2 eTextbook and Media List of Accounts X Your answer is incorrect. Compute 3M's average collection period for accounts receivable in days. (Round...
Suppose the 2022 financial statements of 3M
Company report net sales of $22.2 billion. Accounts
receivable (net) are $2.9 billion at the beginning of the year and
$3.02 billion at the end of the year.
Compute 3M’s accounts receivable turnover. (Round
answer to 1 decimal place, e.g. 12.5.)
Accounts receivable turnover ratio
enter the accounts receivable turnover ratio in times rounded
to 1 decimal place
Compute 3M’s average collection period for accounts receivable
in days. (Round answer to 1 decimal...
The following data are taken from the financial statements of Colby Company. Accounts receivable (net), end of year Net sales on account Terms for all sales are 1/10, 1/45 2020 2019 $560,000 $555,000 4,069,750 3,092,250 Compute for each year the accounts receivable turnover. At the end of 2018, accounts receivable was $530,000. (Round answers to decimal ple 2020 2019 Accounts receivable turnover times times e Textbook and Media Compute for each year the average collection period. At the end of...
--/1 Question 7 View Policies Current Attempt in Progress The following information (in $ millions) was taken from recent annual reports of Kellogg Company and General Mills, Inc. Kellogg General Mills Sales revenue $13,525 $17,630 Average accounts receivable balance $1,310 $1,435 Calculate each company's accounts receivable turnover. (Round answers to 1 decimal place, e.g. 50.1.) Accounts receivable turnover times Kellogg times General Mills e Textbook and Media Calculate each company's average collection period. (Round answers to 1 decimal places, e.g....
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