Calculate the average settlement period for Alexis plcs trade receivables for the year ended 31 March 2018.
Question:
Calculate the average settlement period for Alexis plc’s trade receivables for the year ended 31 March 2018.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (4 reviews)
Answered By
Munir Ahmed Jakhro
I am professional Tutor of of Business Courses, I did my four years Bachelor Degree from one of the Top Business schools of World "Institute of Business Administration" in year 2013. Since then I have been working as Tutor of Accounting, Finance tutor on different online platforms like this website. I am have experience of 6 years teaching business courses to students online and offline my professional job at national savings also helped me in accounting understanding .
4.90+
8+ Reviews
10+ Question Solved
Related Book For
Accounting And Finance For Non-Specialists
ISBN: 9781292244013
11th Edition
Authors: Eddie McLaney, Peter Atrill
Question Posted:
Students also viewed these Business questions
-
Question 1 This question has two parts, (A) and (B). Answer both parts. 100% Liverpool plc is a company that manufactures a number of different types of electrical goods and has a year end of 31...
-
10) Mrs. Nicole placed S 11,500 in a four-year compound-interest GIC earning 6.75 % compounded monthly. What is the GIC's maturity value?
-
Calculate the average settlement period for trade payables for Alexis plc for the year ended 31 March 2016.
-
Mary, Ali and Nzioka are trading as Mali enterprises. They share profits and losses in the ratio of 2 = 1 1 respectively. The following is a statement of comprehensive income for the year ended 31st...
-
Modern-day 3-D movies are produced by projecting two different images onto the screen, with polarization directions that are at 90 relative to one another. Viewers must wear headsets with polarizing...
-
What assumption do you think costing techniques underlie?
-
An analysis of variances produces dfbetween treatments 5 2 and dfwithin treatments 5 24. For this analysis, what is dftotal? a. 26 b. 27 c. 28 d. Cannot be determined without additional information
-
Bart exchanges some real estate (basis of $800,000 and fair market value of $1 million) for other real estate owned by Roland (basis of $1.2 million and fair market value of $900,000) and $100,000 in...
-
Posters.com is a small Internet retailer of high-quality posters. The company has $740,000 in operating assets and fixed expenses of $153,000 per year. With this level of operating assets and fixed...
-
Calculate the average settlement period for trade payables for Alexis plc for the year ended 31 March 2018.
-
Calculate the average inventories turnover period for Alexis plc for the year ended 31March 2018.
-
Explain why firms choose to decentralize. lop6
-
Explain the role of EHR healthcare technology in the delivery of care
-
In the movie, Money Ball what was the change that the Oakland A's was going through under the leadership of Billy Beane? 2.: In leading the change that you described in Q1, what was the...
-
Studies of the grapevine network within organizations have shown that the rumours and gossip on the grapevine are almost always accurate, and that a prudent manager is wise to act on that...
-
What is Program Evaluation? Describe What is need assessment? Describe? What is a program logic model? Describe and analyze. What is one example? (including input, output, short term outcomes and...
-
What are the primary jobs that must be performed at Spotify? Using the job characteristics theory as a frame-work, assess these jobs in terms of their motivating potential. 2. How does the concept of...
-
Some people with diabetes absolutely need to take insulin on a regular basis to survive. Pharmaceutical companies that make insulin could find a lot of other ways to make some money. a. If the U.S....
-
If you want to solve a minimization problem by applying the geometric method to the dual problem, how many variables and problem constraints must be in the original problem?
-
Can you see any problems in comparing the various items (sales, direct materials and so on) for the budget and the actual performance of Baxter Ltd in order to draw conclusions as to which aspects...
-
Compare the sales revenue, raw materials and labour values between the flexed budget and the actual results and reconcile the original budget and the actual profit for Baxter Ltd. Remember that the...
-
Real World9.3 and Real World9.5 both suggest that the figures that appear in budgets seem not actually to occur. Is this feature a problem in trying to control the various aspects of the business...
-
Callaho Inc. began operations on January 1 , 2 0 1 8 . Its adjusted trial balance at December 3 1 , 2 0 1 9 and 2 0 2 0 is shown below. Other information regarding Callaho Inc. and its activities...
-
Required: 1. Complete the following: a. Colnpute the unit product cost under absorption costing. b. What is the company's absorption costing net operating income (loss) for the quarter? c. Reconcile...
-
Bond Valuation with Semiannual Payments Renfro Rentals has issued bonds that have an 8% coupon rate, payable semiannually. The bonds mature in 6 years, have a face value of $1,000, and a yield to...
Study smarter with the SolutionInn App