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.)
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uppose the 2017 financial statements of 3M Company report net sales of $23.9 billion. Accounts receivable...
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 $22.2 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...
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 (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...
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...
RCES Brief Exercise 8-11 Suppose the 2017 financial statements of 3M Company report net sales of...
RCES Brief Exercise 8-11 Suppose the 2017 financial statements of 3M Company report net sales of $25.3 billion. Accounts receivable (net) are $3.40 billion at the beginning of the year and $3.41 billion at the end of the year. Compute 3M Company's receivable turnover (Round answer to 1 decimal place, 0.9. 12.5.) Accounts receivable tumover ratio times tudy SHOW LIST OF ACCOUNTS LINK TO TEXT INTERACTIVE TUTORIAL Compute 3M Company's average collection period for accounts receivable in days. (Round answer...
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. (a1) * Your answer is incorrect. Compute 3M's accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover ratio 7.9 times
Suppose the 2022 financial statements of 3M Company report net sales of $21.0 billion. Accounts receivable...
Suppose the 2022 financial statements of 3M Company report net sales of $21.0 billion. Accounts receivable (net) are $2.9 billion at the beginning of the year and $3.10 billion at the end of the year. (a1) Compute 3M's accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) times Accounts receivable turnover ratio eTextbook and Media List of Accounts Attempts: 0 of 3 used Save for Later Submit Answer
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
In 2022, Blossom Company has net credit sales of $1,727,000 for the year. It had a beginning accounts receivable (net) balance of $102,000 and an ending accounts receivable (net) balance of $118,000.
In 2022, Blossom Company has net credit sales of $1,727,000 for the year. It had a beginning accounts receivable (net) balance of $102,000 and an ending accounts receivable (net) balance of $118,000.Compute Blossom Company’s accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.)Accounts receivable turnover _____ timesCalculate Blossom Company’s average collection period in days. (Round answers to 1 decimal place, e.g. 12.5. Use 365 days for calculation.)Average collection period _____ 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 $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...
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...
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...
RCES Brief Exercise 8-11 Suppose the 2017 financial statements of 3M Company report net sales of $25.3 billion. Accounts receivable (net) are $3.40 billion at the beginning of the year and $3.41 billion at the end of the year. Compute 3M Company's receivable turnover (Round answer to 1 decimal place, 0.9. 12.5.) Accounts receivable tumover ratio times tudy SHOW LIST OF ACCOUNTS LINK TO TEXT INTERACTIVE TUTORIAL Compute 3M Company's average collection period for accounts receivable in days. (Round answer...
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. (a1) * Your answer is incorrect. Compute 3M's accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover ratio 7.9 times
Suppose the 2022 financial statements of 3M Company report net sales of $21.0 billion. Accounts receivable (net) are $2.9 billion at the beginning of the year and $3.10 billion at the end of the year. (a1) Compute 3M's accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) times Accounts receivable turnover ratio eTextbook and Media List of Accounts Attempts: 0 of 3 used Save for Later Submit Answer
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
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