Question
Over the previous period, your company had accounts receivable of $147,600 and credit sales of $2,342,347.83. Calculate the average collection period. (Round to the nearest
Over the previous period, your company had accounts receivable of $147,600 and credit sales of $2,342,347.83. Calculate the average collection period. (Round to the nearest day.) do not enter units.
You own a business that had net sales of $70,800 and total assets of $128,900. Find your asset turnover ratio.
(Round to the nearest hundredth and enter the complete ratio. Do not enter spaces. Example: enter '0.93:1')
You own a business that has total assets of $143,400. If your total liabilities are $94,100, find your debt-to-assets ratio.
(Round to the nearest hundredth and enter the complete ratio. Do not enter spaces. Example: enter '0.93:1')
Banzig Products has total assets of $141,300. If their total liabilities are $71,000, find the debt-to-equity ratio.
(Round to the nearest hundredth and enter the complete ratio. Do not enter spaces. Example: enter '0.93:1')
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