Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 28, 2024

Given an annual credit sales value of P365 million, accounts receivable of P36.5 million, what is the inventory turnover? Use 365 days in a year.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 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

Accounting Information Systems

Authors: James Hall

9th Edition

1305465113, 9781305465114

More Books

Students also viewed these Accounting questions

Question

★★★★★

Determine the present value now of an investment of $3,000 made one year from now and an additional $3,000 made two years from now if the annual discount rate is 4 percent.

Answered: 1 week ago

Question

★★★★★

Find the critical path, total float, and free float for each activity in the project networks FIGURE 44 B3 F4 G5 6 15. A3 C4 J4 I 2 5 E3 D3 4 K2 H6 L6 8

Answered: 1 week ago

Question

★★★★★

2.56 A Recurring Illness, continued Refer to Exercise 2.55. a. Examine the data and count the number of observations that fall into the intervals s, 2s, and 3s. b. Do the percentages that fall into...

Answered: 1 week ago

Question

★★★★★

In its 2005 annual report, TD Bank Financial Group (TD) reported economic profit of $ 1,062 million. Its calculation of economic profit is summarized as follows (millions of dollars): Average common...

Answered: 1 week ago

Question

★★★★★

Obtain the truth table for the following Boolean expression F. You must show all the required columns. (, , ) = + ( + )

Answered: 1 week ago

Question

★★★★★

please dont use chat gpt or other AI 1 5 . .

Answered: 1 week ago

Question

★★★★★

A rocket is shot into the air as shown in Fig. 7-28. At the moment the rocket reaches its highest point, a horizontal distance d from its starting point, a prearranged explosion separates it into two...

Answered: 1 week ago

Question

★★★★★

Find all points of intersection (r, 0) of the curves r = 4 cos(0), r = 2 sin(0). Note: In this problem the curves intersect at the pole and one other point. Only enter the answer for nonzero r in the...

Answered: 1 week ago

Question

★★★★★

Assume that a procedure yields a binomial distribution with n = 132 trials and the probability of success for one trial is p= 58%. Find the mean for this binomial distribution. (Round answer to one...

Answered: 1 week ago

Question

★★★★★

3) Find the coordinates of the points of inflection for the function. f(x) = x1/3(x-28) Find the largest open intervals where the function is concave upward. f(x)=x3+3x-9x+5

Answered: 1 week ago

Question

★★★★★

PHYSICS 12 Kinematics Review: WCLN.ca 1. The acceleration of a freely falling object (near Earth), when we assume no air resistance, is (remember units). This acceleration (due to gravity) is also...

Answered: 1 week ago

Question

★★★★★

2. To understand that as a general rule it takes about 3 minutes before the other part(s) have made up a 90% impression of you.

Answered: 1 week ago

Question

★★★★★

3. To understand that the first impression means a lot, and it takes a lot of energy to change this first impression.

Answered: 1 week ago

Question

★★★★★

Go, do not wait until I come

Answered: 1 week ago

Previous Question Next Question