If Hyatt Corp. has accounts receivables of $654,803 and net sales of $1,932,349, what is its accounts

Fantastic news! We've Found the answer you've been seeking!

Question:

If Hyatt Corp. has accounts receivables of $654,803 and net sales of $1,932,349, what is its accounts receivable turnover? Round your final answer to two decimal places.

Related Book For answer-question

Principles of Accounting

ISBN: 978-1133626985

12th edition

Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson

See More Books

Posted Date: Mar 23, 2024 07:04 AM

See More Questions

TServices has a calculated beta of 0.9. The current risk-free rate is 2.11% and you expect the market return to be 15.42%. Based on the CAPM, what is the expected rate of return of the firm? Submit...
Ratios, Proportion, and Percent 1.A car requires 33 litres of gasoline to travel for 402 kilometers. At the same rate of gasolineconsumption, how far can the car travel if the gas tank holds 53...
What is the effective annual rate on a loan with an APR of 12.5% if interest is compounded continuously? 2.A bond has 10 years to maturity, a coupon rate of 5% (coupons paid semi-annually), a yield...
Calculate the density of N2 at STP, (a) using the ideal-gas law and (b) using the molar volume and molar mass of N2. How do the densities compare?
Consider Example 5 and the probability values given in Figure 1.38. The company has decided that each television set should be given a quality score calculated in the following manner. A perfect...
A 0.20 M sodium chlorobenzoate (NaC 7 H 4 ClO 2 ) solution has a pH of 8.65. Calculate the pH of a 0.20 M chlorobenzoic acid (HC 7 H 4 ClO 2 ) solution.
In August 2014, Superior Structures of Ohio, LLC, and its president, Ryan Villhauer, applied for credit with Willoughby Supply Company, Inc. The application contained a section providing for a...
Singleton Supplies Corporation (SSC) manufactures medical products for hospitals, clinics, and nursing homes. SSC may introduce a new type of X-ray scanner designed to identify certain types of...
Salazar and child, Tahmores, are cash basis taxpayers. Salazar gave Tahmores a corporate bond with a face amount and fair market value of $10,000. On the date of the gift, September 30, 2023, the...
8. The left cart(4kg) is traveling at +8m/s when it strikes the right cart(2kg), which was initially at rest. As a result the right cart takes off at +10m/s. Please answer the following: a. What is...
The strength coefficient 35,000 lb/in2 and strain-hardening exponent-0.40 for a metal used in a forming operation in which the workpart is reduced in cross-sectional area by stretching. If the...
Under common law, which of the following is an example of a valid contract following the "mirror image" rule?
Trial balance tab: Populate the trial balance by linking the respective (orange) cell from the Trial balance tab to the ending balance in the T-account tab. Remember, Debits = Credits and this is...
What are the Tesla companies strategic planning ang competitive advantages?
Jim contributes assets with a collective basis of $ 1 2 3 , 0 0 0 and FMV of $ 2 8 4 , 0 0 0 in exchange for 1 0 0 % of the stock of NewCo., a C corporation. NewCo. also assumes Jim's $ 1 6 1 , 0 0 0...
A 6 pole DC generator has a flux per pole of 30 mWb. The armature has 536 conductors connected as lap winding. The machine runs at 1050 rpm, and it delivers a rated armature current of 225A to a load...
suppose a nickel-contaminated soil 15 cm deep contained 800 mg/kg Ni, Vegetation was planted to remove the nickel by phytoremediation. The above-ground plant parts average 1% Ni on a dry-weight bas...
Each year, $7,500 is invested at 4 percent annual compound interest. a. What is the value of the investment portfolio after 20 years? After 25 years? After 30 years? b. Repeat part (a) with the...
Adriana wishes to accumulate $2,000,000 in 35 years. If 35 end-of-year deposits are made into an account that pays interest at a rate of 7 percent compounded annually, what size deposit is required...
Sara Beth made annual deposits of $5,000 in an account that paid 4 percent compounded annually. How much money should be in the account immediately after her tenth deposit?

If Hyatt Corp. has accounts receivables of $654,803 and net sales of $1,932,349, what is its accounts

Question:

Expert Answer:

The accounts receivable turnover ratio ART measures how effectively a company collects its credit sa... View the full answer

Principles of Accounting

Students also viewed these accounting questions