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

Question

1 Approved Answer

Thanks! Accounts receivable ending balance was $259 million in 2021 . Forecasts a revenue of $1276 million in 2022 . Its account receivable days is

Thanks!
image text in transcribed
Accounts receivable ending balance was $259 million in 2021 . Forecasts a revenue of $1276 million in 2022 . Its account receivable days is expected to be 79 in 2022 if the average account receivable is used in calculating accounts receivable days. What is the forecasted accounts receivable in 2022

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

Public Finance And Public Policy

Public Finance And Public Policy

Authors: Jonathan Gruber

6th Edition

1319105254, 9781319105259

More Books

Students also viewed these Finance questions

Question

★★★★★
Coffaro Company has a credit balance of $2,200 in Allowance for Doubtful Accounts before adjustment. The estimated uncollectibles under the percentage of receivables basis is $5,100. Prepare the...

Answered: 1 week ago

Question

★★★★★
The uncorrected far point of Colin's eye is 2.0 m. What refractive power contact lens enables him to clearly distinguish objects at large distances?

Answered: 1 week ago

Question

★★★★★
Discuss psychological thought from ancient cultures such as China, Egypt, and India.

Answered: 1 week ago

Question

★★★★★
1. The planning stage of creating a new ES may be the most important stage. What did KDOT do in the planning stage that led them to success in the long run? 2. Comment on the flaws in the...

Answered: 1 week ago

Question

★★★★★
Indicate which of the following are well-formed formulas. A Ab A~b ~Ab (y)(Ay (y)By) ((y)Ay (y)By) (y)(x)(Ay Bx) Ay Bx (x)P Fx (a)Fa which of the 10 are considered well formed forumlas

Answered: 1 week ago

Question

★★★★★
1) Ponsider the following time series data Month Value 1 24 2 13 3 20 4 12 19 6 23 15 Compute MSE using the average of last two values as the forecast for the next period. What is the forecast for...

Answered: 1 week ago

Question

★★★★★
Which of the following statements IS NOT true for a stone attached to a string and swung in a uniform vertical circular motion? 1. The magnitude of resultant force acting on the stone changes...

Answered: 1 week ago

Question

★★★★★
Identify an example of a vision statement for an automobile manufacturing company. Multiple choice question. To offer the best luxury cars in the country To increase the number of workers in the...

Answered: 1 week ago

Question

★★★★★
a project is partially complete. the work package estimate was$297000,the contingency reserve is 34.5% and the management reserve is38.5% of the baseline. There are 2 approved change request based on...

Answered: 1 week ago

Question

★★★★★
Ashanti has one full year to go before she graduates and begins interviewing. Which step is most helpful for Ashanti toward her formal preparation for job hunting? Multiple Choice Select course...

Answered: 1 week ago

Question

★★★★★
Natalia is in her final semester at college, and wishes to prepare to secure a full - time Web developer position upon graduation. She believes potential employers will be favorably impressed by the...

Answered: 1 week ago

Question

★★★★★
When should ethical issues be considered? a When you develop your conclusions. b Before you start your project. c At the same time as you collect your data. d When you analyse your primary data.

Answered: 1 week ago

Question

★★★★★
Use Figure 1.4 as a prompt and write down a list of different groups of people who may be interested in the implications of research into HR issues in your organisation (or one you are familiar with).

Answered: 1 week ago

Question

★★★★★
In what ways is reality TV real and in what ways is reality TV not real? Reality TV (as distinct from documentaries or other non-fictional TV programmes like sports coverage and news) is a form of...

Answered: 1 week ago

Previous Question Next Question