Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

big store is blue and discount goods is orange Company Year SUM(Net sales) Rows dimensions or Sures here HITS Rows AGG(Receivables Turn AGG(Average Collecti.. Receivables

image text in transcribed

image text in transcribed
image text in transcribedbig store is blue and discount goods is orange
Company Year SUM(Net sales) Rows dimensions or Sures here HITS Rows AGG(Receivables Turn AGG(Average Collecti.. Receivables Management Company Big Store Graph of Receivables Management 200 Company Big Store Discount Goods Average c. 5.21 4.34 4.66 5.16 5.24 Receivables Turnover 5.19 4.77 Year 2012 2013 2014 2015 2016 2017 2013 2019 2020 2021 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Net sales S485,873 5482,130 $485,651 5476,294 5468,651 5446,950 5421,849 540RORS 5526,936 5383,318 $308,867 $327,933 $322,747 $316,796 $325,782 $310,511 $299,511 $290,476 5371,056 5270.540 Average a.. Receivable 56,934 70.07 $5,730 84.15 56,201 78.32 56,728 70.80 $6,723 69.71 $6,353 70.36 55,513 76.52 $4.617 88.40 $5,065 104.03 $4,800 79.86 $5.582 55.34 $5,101 64.29 $4,866 66.33 $2.240 141.43 $1,674 19:4.63 $1,770 175.40 $1.949 153.67 52.961 98.11 S3002 12361 $3.855 70.18 3.51 4:57 Discount Goods 6.60 5.68 5.50 2.58 1.88 Average Collection Period 2.08 2.38 3.72 2.95 5.20 2011 2012 2013 2014 2015 2016 2017 Year 2018 2019 2020 2021 2022 Which company exhibited more favorable receivables management, as measured by average collection period, in 2021? Assume the average collection period for the retail industry sector is 5.1 in 2021, which company performed better than the industry average? If only the graph for the receivables turnover ratio was displayed, would you be able to tell what the shape of the average collection period graph would look like? Why or why not? Company dimensions or Receivables Management Company Store 55.730 3415 2011 2016 2017 9.71 7652 1040 545 573 $42.130 SE651 5476.296 S 651 S950 . $40R ORS 5536936 $363.315 5308,867 5027933 $122747 5316,796 $325,762 $310,511 $299,511 $290,476 $371,056 5270,540 2020 2021 2012 2013 2014 Discount S5519 54617 55065 5400 555 55.101 5466 52.240 51 674 $1,770 64.29 2015 194.63 175.4 2016 2017 2018 2019 2020 2021 53.00 33.55 123.61 2018 Which company exhibited more favorable receivables management, Assume the average collection period for the retail industry sector is If only the graph for the receivables turnover ratio was displayed, wo Graph of Receivables Management tas m ured by average collection period is 20217 is 5.1 in 2001, which company performed better than the industry average! WOUM you be she toll what the shape of the po Company Year SUM(Net sales) Rows dimensions or Sures here HITS Rows AGG(Receivables Turn AGG(Average Collecti.. Receivables Management Company Big Store Graph of Receivables Management 200 Company Big Store Discount Goods Average c. 5.21 4.34 4.66 5.16 5.24 Receivables Turnover 5.19 4.77 Year 2012 2013 2014 2015 2016 2017 2013 2019 2020 2021 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Net sales S485,873 5482,130 $485,651 5476,294 5468,651 5446,950 5421,849 540RORS 5526,936 5383,318 $308,867 $327,933 $322,747 $316,796 $325,782 $310,511 $299,511 $290,476 5371,056 5270.540 Average a.. Receivable 56,934 70.07 $5,730 84.15 56,201 78.32 56,728 70.80 $6,723 69.71 $6,353 70.36 55,513 76.52 $4.617 88.40 $5,065 104.03 $4,800 79.86 $5.582 55.34 $5,101 64.29 $4,866 66.33 $2.240 141.43 $1,674 19:4.63 $1,770 175.40 $1.949 153.67 52.961 98.11 S3002 12361 $3.855 70.18 3.51 4:57 Discount Goods 6.60 5.68 5.50 2.58 1.88 Average Collection Period 2.08 2.38 3.72 2.95 5.20 2011 2012 2013 2014 2015 2016 2017 Year 2018 2019 2020 2021 2022 Which company exhibited more favorable receivables management, as measured by average collection period, in 2021? Assume the average collection period for the retail industry sector is 5.1 in 2021, which company performed better than the industry average? If only the graph for the receivables turnover ratio was displayed, would you be able to tell what the shape of the average collection period graph would look like? Why or why not? Company dimensions or Receivables Management Company Store 55.730 3415 2011 2016 2017 9.71 7652 1040 545 573 $42.130 SE651 5476.296 S 651 S950 . $40R ORS 5536936 $363.315 5308,867 5027933 $122747 5316,796 $325,762 $310,511 $299,511 $290,476 $371,056 5270,540 2020 2021 2012 2013 2014 Discount S5519 54617 55065 5400 555 55.101 5466 52.240 51 674 $1,770 64.29 2015 194.63 175.4 2016 2017 2018 2019 2020 2021 53.00 33.55 123.61 2018 Which company exhibited more favorable receivables management, Assume the average collection period for the retail industry sector is If only the graph for the receivables turnover ratio was displayed, wo Graph of Receivables Management tas m ured by average collection period is 20217 is 5.1 in 2001, which company performed better than the industry average! WOUM you be she toll what the shape of the po

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Multinational Business Finance

Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett

12th Edition

0136096689, 978-0136096689

More Books

Students also viewed these Finance questions

Question

What is the basic structure of the U.S. government? AppendixLO1

Answered: 1 week ago

Question

What background experience do you have?

Answered: 1 week ago

Question

3. How can we confi rm both ourselves and others?

Answered: 1 week ago

Question

2. In what ways can confl ict enrich relationships?

Answered: 1 week ago