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please help me c13 q2 Average production cycle. Use the following account information to find the average production cycle for Rian Company. Click on the
please help me c13 q2
Average production cycle. Use the following account information to find the average production cycle for Rian Company. Click on the icon :1 in order to copy its content into a spreadsheet 2013 and 2014 Selected Balance Sheet Accounts of Rian Company Accounts receivable $40 074 $48 163 $58,196 $62683 Accounts payable $27,359 $25,195 Click on the icon :1 in order to copy its content into a spreadsheet 2014 Selected Income Statement Items for Rian Company Cash sales $513,000 E) What is the average production cycle for Rian Company? D days (Round to one decimal place.) Cash ow of accounts receivable. Myers and Associates, a famous law firm in California, bills its clients on the rst of each month. Clients pay in the following fashion: 40% pay at the end of the rst month, 30% pay at the end of the second month, 20% pay at the end of the third month, 5% pay at the end of the fourth month, and 5% default on their bills. Myers wants to know the anticipated cash ow for the first quarter of 2015 if the past billings and anticipated billings follow this same pattern. The actual and anticipated billings are as follows: Click on the icon f1 in order to copy its content into a spreadsheet -ta- $384,000 $306 ,000 $289,000 $331 ,000 $353,000 $414,000 (I) What is the anticipated cash flow for January of 2015 if past billings and anticipated billings follow this same pattern? $ 299500 (Round to the nearest dollar.) What is the anticipated cash flow for February of 2015 if past billings and anticipated billings follow this same pattern? $ 313600 (Round to the nearest dollar.) What is the anticipated cash flow for March of 2015 if past billings and anticipated billings follow this same pattern? $|:| (Round to the nearest dollar.)Step by Step Solution
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