Why might a high accounts receivable turnover be bad?
Question:
Why might a high accounts receivable turnover be bad?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 72% (11 reviews)
A high accounts receivable turnov...View the full answer
Answered By
YOGENDRA NAILWAL
As I'm a Ph.D. student, so I'm more focussed on my chemistry laboratory. I have qualified two national level exams viz, GATE, and NET JRF (Rank 68). So I'm highly qualified in chemistry subject. Also, I have two years of teaching experience in this subject, which includes college teacher as well as a personal tutor. I can assure you if you hire me on this particular subject, you are never going to regret it.
Best Regards.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
What does a relatively high accounts receivable turnover indicate about a companys short-term liquidity?
-
What does a relatively high accounts receivable turnover indicate about a companys short-term liquidity? Discuss.
-
Why are the accounts receivable turnover and inventory turnover ratio s helpful with the assessment of liquidity?
-
With the company expanding into several new markets in the coming months, Cable & Moore was anticipating a large increase in sales revenue. The future looked bright for this provider of...
-
How do information systems benefit the finance and accounting functional area?
-
Exercise 2 Formalise the following statements in CPL using the formalisation keys below. You can use 3!'-notation unless stated otherwise. ...r 9. Some Labour MPs criticised Corbyn for something he...
-
Google IRS CADE problems and read three or four articles and reports on recent developments. Comment on any recent information that sheds light on your answers to questions 1 through LO.1
-
In the direct labor variance matrix, there are three factors: (1) Actual hours Actual rate, (2) Actual hours Standard rate, and (3) Standard hours Standard rate. Using the numbers, indicate the...
-
Groceries to Your Door Delivery Co. (GTYD) opened a new business location on April 1. During April, the company sold $220,000 of services for cash along with $100,000 on account to customers....
-
On January 1, 2024, DC Ltd. issued bonds with a maturity value of $8 million when the market rate of interest was 4%. The bonds have a coupon (contractual) interest rate of 5% and mature on January...
-
Leslies Burgers operates and franchises fast-food restaurants specializing in grilled hamburgers and chicken sandwiches. The 2018 and 2019 income statements are as follows (in $000s): Required a....
-
What might you conclude if the Cost of Goods Sold percentage was increasing on the common-size income statement?
-
How many significant figures does each of the following numbers have? (a) 0.73 (b) 7.30 (c) 73 (d) 0.073
-
PAYMENTS DURING 2022/23 DATE DESCRIPTION FULL YEAR Private Hospital Insurance Premiums FULL YEAR Childcare costs FULL YEAR FULL YEAR FULL YEAR 18/08/22 27/08/22 01/09/22 01/10/22 01/11/22 01/12/22...
-
been called Recently, s asked to hington, ent of the in areas: g costs, and pany's a simple 12. The Tru-Green Lawn Company provides yard care services for customers throughout the Denver area. The...
-
During the week of November 12, 2021, Ernestina Manufacturing produced abd shipped 7,500 units of its aluminum wheels: 1,500 units of Model A and 6,000 units of Model B. The following costs were...
-
Daicos Ltd is a public company that competes in the highly competitive market for manufactured household products. The company is dominated by Peter Daicos, the chairman and chief executive officer,...
-
Hypothesis testing A tire company claims that a new range on average lasts at least 28,000 km. Tests with 64 tires result in an average duration of 27,800 km. With a standard deviation of 1,000 km....
-
According to Amperes law, is it possible to have both a conduction current and a displacement current at the same time? Is it possible for the effects of the two kinds of current to cancel each other...
-
Evaluate the line integral, where C is the given curve. C x 2 dx + y 2 dy, C consists of the arc of the circle x 2 + y 2 = 4 from (2, 0) to (0, 2) followed by the line segment from (0, 2) to (4, 3)
-
This is really an odd situation, said Jim Carter, general manager of Highland Publishing Company. We get most of the jobs we bid on that require a lot of press time in the Printing Department, yet...
-
Distinguish between (a) A variable cost, (b) A fixed cost, and (c) A mixed cost.
-
Distinguish between (a) A variable cost, (b) A fixed cost, and (c) A mixed cost.
-
Suppose the S&P 500 currently has a level of 960. One contract of S&P 500 index futures has a size of $250 S&P 500 index. You wish to hedge an $800,000-portfolio that has a beta of 1.2. (A)In order...
-
Exhibit 4.1 The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during...
-
Haley is 57 years of age. She is planning for future long-term care needs. She knows that yearly nursing home costs in her area are currently $69,000, with prices increased by 5 percent annually....
Study smarter with the SolutionInn App