Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 26, 2024

Given the following, what are the company's days accounts receivable? Revenues of $1301372, cost of sales of $326613, and accounts receivable of $170233? (One

Given the following, what are the company's days accounts receivable? Revenues of $1301372, cost of sales of $326613, and accounts receivable of $170233? (One decimal place.)

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

College Accounting A Contemporary Approach

Authors: David Haddock, John Price, Michael Farina

3rd edition

77639731, 978-0077639730

More Books

Students also viewed these Accounting questions

Question

★★★★★

A. Determine the cost of the goods sold for the September 30 sale. B. Determine the inventory on September 30. Beginning inventory, purchases, and sales for an inventory item are as follows: 31 units...

Answered: 1 week ago

Question

★★★★★

Elco Electric Corporation has a stock price of $150 per share and is contemplating the payment of a large one-time cash dividend of $40 per share. The underlying motivation for the large payout comes...

Answered: 1 week ago

Question

★★★★★

3.3 Explain how it is possible for costs to change without changing the break-even point.

Answered: 1 week ago

Question

★★★★★

What are some of the most common conditions of worth that you have seen parents place on children? What effects of these conditions of worth have you observed?

Answered: 1 week ago

Question

★★★★★

Powerdyne Companys cost of goods sold is consistently 60% of sales. The company plans to carry ending merchandise inventory for each month equal to 40% of the next months budgeted cost of goods sold....

Answered: 1 week ago

Question

★★★★★

2 of 12 (1 complete) This Question: 1 pt If both fixed expenses and the selling price per unit increase while variable costs per unit are unchanged, which of the following statements is true? OA....

Answered: 1 week ago

Question

★★★★★

Assume that you are the chief accountant for Wells Consulting Services. During January, the business will use the same types of records and procedures that you learned about in Chapters 1 through 6....

Answered: 1 week ago

Question

★★★★★

Identify the determinants of demand and supply. For each of the determinants of demand, identify an example illustrating the effect on the demand for hybrid gasoline-electric vehicles such as the...

Answered: 1 week ago

Question

★★★★★

2.) Suppose that X~ NB(4, 0.3), and Y = (X-3) 1/2. Determine the PMF of Y, (y). 3.) Suppose that X~ Exp(1/4) and Y = x - 2. Determine the PDF of Y, fy(y).

Answered: 1 week ago

Question

★★★★★

Let's consider that we have trained a word2vec model from scratch with a vocabulary size of 20,000, having 500 neurons in the hidden layer. What will be the size of the word embedding of each word?...

Answered: 1 week ago

Question

★★★★★

From the following Information for the month ending October, 2013, prepare Process Cost accounts for Process III. Use First-in-fist-out (FIFO) method to value equivalent production. Direct materials...

Answered: 1 week ago

Question

★★★★★

Why is the government responsible for long-term care? Or your parents or neighbors or friends LTC needs and costs? At the tune of $40,000 a year for a long-term care stay for skilled nursing who is...

Answered: 1 week ago

Question

★★★★★

The quality manager of a computer services company wants to create a specification for the amount of time it takes the company to respond to problems reported by customers. The goal time limits is 10...

Answered: 1 week ago

Question

★★★★★

A $47,000 new car loan is taken out with the terms 6% APR for 48 months. How much are monthly payments on this loan? A. $1,103.80 B. $1,434.94 C. $1,214.18 D. $1,324.56

Answered: 1 week ago

Question

★★★★★

SBS Company have received a contract to supply its product to a Health Care Service Hospital. The sales involve supplying 1,250 units every quarter, the sales price is RM 85 per unit. The Client...

Answered: 1 week ago

Question

★★★★★

(a) Rank the four customer service factors (time, dependability, communication, and convenience) from most important to least important from your customers point of view, and (b) identify actions for...

Answered: 1 week ago

Question

★★★★★

What systems did Amazon develop to improve the flow of products from suppliers to Amazon fulfillment centers? What systems improved the flow of orders from the fulfillment centers to customers? LO.1

Answered: 1 week ago

Question

★★★★★

Determine which channel and intermediaries will be the most profitable. LO.1

Answered: 1 week ago

Previous Question Next Question