FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

if you can upload the excel file, that woul be great CASE 9 The ABC company's Days Receivables is now at 30 days. If the

if you can upload the excel file, that woul be great

image text in transcribed
CASE 9 The ABC company's Days Receivables is now at 30 days. If the Net Profit Margin Percentage is 5% and the Net Profit is P20,000. 1. How much is the Account Receivables value at Days receivables equal to 30 days? 2 . How much is the Account Receivables value at Days receivables equal to 15 days? 3. How much is the Daily sales value

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

Financial Accounting Information For Decisions

Financial Accounting Information For Decisions

Authors: John J. Wild

10th Edition

1260705587, 978-1260705584

More Books

Students also viewed these Accounting questions

Question

★★★★★
Refer to the following table for a different consumer, and assume that each week this consumer buys only hot dogs and tickets to baseball games. The price of a hot dog is $2, and the price of a...

Answered: 1 week ago

Question

★★★★★
Look back to the top-right panel of Figure 9.2 . What proportion of Amazons returns was explained by market movements? What proportion of risk was diversifiable? How does the diversifiable risk show...

Answered: 1 week ago

Question

★★★★★
3. Give short, clear directions before, not during, transitions.

Answered: 1 week ago

Question

★★★★★
On July 1, 2015, Ashlock Chemical Company issued $4,000,000, 10%, 10 year bonds at $4,543,627. This price resulted in an 8% effective-interest rate on the bonds. Ashlock uses the effective-interest...

Answered: 1 week ago

Question

★★★★★
The following transactions occurred d uring a recent year: a. Paid wages of $1,250 for the current period (example). b. Borrowed $6,250 cash from local bank using a short-term note. c. Purchased...

Answered: 1 week ago

Question

★★★★★
QUESTION 2 XXXXXs Co income statement for the year ended 31 December 2021 and statement of financial position at 31 December 2021 and 2020 are as follows: XXXXX Co INCOME STATEMENT FOR THE YEAR ENDED...

Answered: 1 week ago

Question

★★★★★
Computerized medical records have promoted ________ in recent years, while industry costs are ________. Question 28 options: a) greater efficiency; rising b) decreased privacy; declining c) greater...

Answered: 1 week ago

Question

★★★★★
You recently bought a home M7.5 Discussion: Considering the Possibilities in Your Own Backyardwith a structure distant from the main house. This area was used as an art studio by the previous owner....

Answered: 1 week ago

Question

★★★★★
When several conditions are necessary for the top event to occur, we use the "AND" symbol. If the failure rates (IE probabilities) are known for each of these conditions, what would we then do to...

Answered: 1 week ago

Question

★★★★★
Question 1 Which theoretical probabilities are equal to 1/3? Check all that apply. landing on a star space on the first roll rolling an even number on the first roll landing at Cat Town on the first...

Answered: 1 week ago

Question

★★★★★
Suppose you put $1,500per month into a Roth IRA, that pays 10%APR (compounded monthly).Assume you have nothing saved today, calculate the future value of the retirement account 30 years from today....

Answered: 1 week ago

Question

★★★★★
Mike's gross yearly income is $ 8 5 , 7 2 3 . He is single with no children, and his tax deductible purchases are: Charitable contributions: $ 2 , 6 2 8 Mortgage Interest: $ 2 , 4 6 1 Student Loans:...

Answered: 1 week ago

Question

★★★★★
10. Imagine that the goal has been reached. Now think about the path you have to take to reach the goal. How did you influence other people to achieve your goal? Imagine walking along the path you...

Answered: 1 week ago

Question

★★★★★
2. How do I perform this role?

Answered: 1 week ago

Question

★★★★★
6. List one and only one societal role that you wish you had performed better in. Spend the next month on a small push to improve your personal performance within this role. At the end of the month,...

Answered: 1 week ago

Previous Question Next Question