If trade receivables are 78,000 and sales are 493,000, how many days does the average debtor take
Question:
If trade receivables are £78,000 and sales are £493,000, how many days does the average debtor take to pay?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
78000...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Frank Woods Business Accounting An Introduction To Financial Accounting
ISBN: 9781292365435
15th Edition
Authors: Alan Sangster, Lewis Gordon, Frank Wood
Question Posted:
Students also viewed these Business questions
-
The following information was taken from Nash, Inc.s trial balances as of December 31, 2010, and December 31, 2011. Required: 1. Calculate the net profit margin and accounts receivable turnover for...
-
The following information was taken from Nash Inc.'s trial balances as of December 31, 2018, and December 31, 2019. Required: 1. Calculate the net profit margin and accounts receivable turnover for...
-
The following table shows the number of days of labor required to produce 1 unit of output of computers and wheat in France and Germany: (a) Calculate the autarky price ratios. (b) Which country has...
-
What kind of innovation would an improved electric toothbrush be?
-
1. How would you advise Scudamore to make 1-800-GOTJUNK? a "change-capable" organization? 2. 1-800-GOT-JUNK? uses a large bell in the office that employees ring every time they have a good idea. Is...
-
Suppose Tree City Sporting Goods Company reported the following data at July 31, 2021, with amounts in thousands: (Click the icon to view the data.) Use these data to prepare Tree City Sporting Goods...
-
Suppose that in the preceding exercise the first measurement is recorded incorrectly as 16.0 instead of 14.5. Show that, even though the mean of the sample increases to \(\bar{x}=14.7\), the null...
-
Derose Company was organized on January 1. During the first year of operations, the following plant asset expenditures and receipts were recorded in random order. Debit 1. Cost of real estate...
-
This week, you will learn a relativist approach to ethics and examine how people make decisions based on groups, cultures and affiliations they belong to and how this shapes decision-making. You will...
-
On January 1. Ruiz Company issued bonds as follows: Face Value: Number of Years: Stated Interest Rate: Interest payments per year 500,000 15 7% Required: 1) Calculate the bond selling price given the...
-
If trade payables are 49,000 and purchases are 396,000, how many days does the business take on average to pay its creditors?
-
A businesss latest balance sheet contains the following assets and liabilities. Calculate both the current ratio and the acid test (or 'quick) ratio.
-
One can run and test any Oracle package with a stored procedure directly in the Oracle SQL Developer environment. (True/False)
-
Christa Clothing International is a well-known international company headquartered in Blusen City, North Carolina in the United States. Christa specializes in fashion clothing for men and women. In...
-
Suppose the Vehicle class is defined to keep track of vehicles in a household. What kinds of instance data members, variables and constants, would be defined for such Vehicle objects? Do any useful...
-
Given two numbers, the largest divisor among all the integers that divide the two numbers is known as the greatest common divisor. For example, the positive divisors of 36 are \(1,2,3,4,6,9,12,18\),...
-
In 2009, after four decades of rapid growth, China surpassed the US to become the worlds largest car market in number of vehicles sold (Waldmeir, 2010a). China is currently the largest single market...
-
Determine the return value for each of these expressions, assuming the following declaration: String org; org = new String ("American Quarter Horse Association"); A. org.substring (5, 8) *B....
-
If variances are recorded in the accounts at the time the manufacturing costs are incurred, what does a debit balance in Direct Materials Price Variance represent?
-
Baxter, Inc., owns 90 percent of Wisconsin, Inc., and 20 percent of Cleveland Company. Wisconsin, in turn, holds 60 percent of Clevelands outstanding stock. No excess amortization resulted from these...
-
How has e-commerce transformed marketing? a. Explain how Internet technology supports business-to-business electronic commerce. b. Define and describe Net marketplaces and explain how they differ...
-
How has e-commerce affected business-to-business transactions? List and describe important types of m-commerce services and applications.
-
What is the role of knowledge management systems in business? a. Define knowledge management and explain its value to businesses. b. Describe the important dimensions of knowledge. c. Distinguish...
-
One end of a metal cylinder is heated at 2 4 joules per second ( watts ) and its other end is water - cooled. The cylinder is insulated to ensure that no heat is lost to the environment. The cylinder...
-
Write a query in SQL that returns a count of students who have taken courses offered by CSE department each semester. Include course number, course name, semester taken and number of students who...
-
Determine if the graph can represent a polynomial function. If so, assume that the end behavior and all turning points are represented in the graph. 10- (a) Determine the minimum degree of the...
Study smarter with the SolutionInn App