80 of sales of 10,00,000 of a firm are on credit It has a receivable turnover of 8 What is the average collection period (360 days a year) and average debtors of the firm 80 of sales of 10,00,000 of a firm are on credit It has a receivable turnover of 8 What is the average collection period (360 d...

Debtors turnover ratios is an activity ratio measuring how efficiently a firm uses it assets ...

80% of sales of 10,00,000 of a firm are on credit. It has a receivable turnover...

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

Question:

Related Book For answer-question

Managerial Accounting

ISBN: 978-0073379586

2010 Edition

Authors: John J. Wild, Ken W. Shaw

See More Books

Posted Date: Jan 13, 2021 10:24 AM

See More Questions

You and a friend are discussing the savings and loan crisis. She states that "the whole mess started in the early 1980s. When short-term rates skyrocketed, S&Ls got killed- their spread income went...
At Stevens Manufacturing, workers are organized in teams that combine their efforts to produce complex units of a final product. Stevens is using a facility layout known as a(n): consolidated process...
The following information is from the materials requisitions and time tickets for Job 9-1005 completed by Wright Boats. The requisitions are identified by code numbers starting with the letter Q and...
The rotational velocity of a spinning disk decreases from 6 rev/s to 3 rev/s in a time of 12 s. What is the rotational acceleration of the disk?
What properties of water are unusual? How does hydrogen bonding explain some of these unusual properties?
Chamberlain Services was formed on May 1, 2014. The following transactions took place during the first month. Transactions on May 1: 1. Stockholders invested $50,000 cash in exchange for common...
Using only the factor formulas given in Table 2.6, derive Equation 7.6 starting with Equation 7.3. TABLE 2.6 Summary of Discrete Compounding Interest Factors. To Find Given Factor Symbol Name P F...
ABC, wholesale, customer profitability Ramirez Wholesalers operates at capacity and sells furniture items to four department-store chains (customers). Mr. Ramirez commented, "We apply ABC to...
(a) Let3+ and 2 = a + bi be complex numbers. Suppose that 7 Argument = 12' find Argument(22). 7-2 (b) Let the map f: CC be defined by f(z) = Find f() if=1+2i. 1 (c) Solve the equation -12 i(9-2),...
Conduct a Pareto analysis for the number of minutes that flights are late in the accompanying data. Interpret the results. E Click the icon to view the Atlanta Airline Data. Conduct a Pareto analysis...
= 12, where Let A, B M(R) and let n 1 be an integer such that Cn C = AB - BA. Prove that n is even and C4 = 12. Hint: use Problem 2.15.
What are term insurance, whole life insurance, variable life insurance, universal life insurance, and survivorship insurance?
Explain the three non-monetary indicators used in the human development index (HDI).
a. What is meant by "demutualization"? b. What are the perceived advantages of demutualization?
What is bankassurance?
Explain, using two examples, poverty traps/ poverty cycles.
Biti Bank purchase a $1,500 bond that pays 7% pa compounded half-yearly and is redeemable in exactly 14 years. The price paid will yield the bank 3% pa compounded half-yearly if held to maturity....
Design an experiment to demonstrate that RNA transcripts are synthesized in the nucleus of eukaryotes and are subsequently transported to the cytoplasm.
Adriana Lopez expected sales of her line of computer workstation furniture to equal 300 workstations (at a sales price of $3,000) for 2010. The workstations manufacturing costs include the following....
After evaluating Pima Companys manufacturing process, management decides to establish standards of 1.4 hours of direct labor per unit of product and $15 per hour for the labor rate. During October,...
Helix Company has been approached by a new customer to provide 2,000 units of its regular product at a special price of $6 per unit. The regular selling price of the product is $8 per unit. Helix is...
Smart Manufacturing Systems Pty Ltds accountant recently prepared the following data from the companys accounting records for the year ended 30 June 2019. Factory overhead is applied at the rate of...
During the year ended 30 June 2019, Beautiful Bottles Pty Ltd incurred the following costs in connection with its production activities. Required (a) Calculate the relationship between factory...
Telecommunications company Toronto Ltd signed a 15year deal to sell capacity on its cable network to a rival company for $200 million. The deal was completed on the last day of Toronto Ltds financial...

80% of sales of 10,00,000 of a firm are on credit. It has a receivable turnover...

Question:

Expert Answer:

Debtors turnover ratios is an activity ratio measuring how efficiently a firm uses it assets ... View the full answer

Managerial Accounting

Students also viewed these accounting questions