Question
JPJ Corp has sales of $1.00 million, accounts receivable of $50,000 total assets of $5.00 million (of which $3.00 million are fixed assets), inventory of
JPJ Corp has sales of $1.00 million, accounts receivable of $50,000 total assets of $5.00 million (of which $3.00 million are fixed assets), inventory of $150,000 and cost of goods sold of $600,000.
What is JPJ's accounts receivable days? Fixed asset turnover? Total asset turnover? Inventory turnover?
What is JPJ's accounts receivable days?
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Financial Institutions Management A Risk Management Approach
Authors: Anthony Saunders, Marcia Cornett
6th Edition
0077211332, 9780077211332
