A company has the fllowing information for the year: Cash 50 Accounts payable = 140 Recelvables...
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A company has the fllowing information for the year: Cash 50 Accounts payable = 140 Recelvables 250 Notes payable = 60 Inventories 300 Accruals= 100 CA - 600 CL- 300 Fiaed assets 400 Long-term debt 150 Total assets 1000 Common equity 550 Net income- 4O Sales 2400 This company's days sales outstonding is If the industry average is 32 days, the company looks (more, less) efficient than the average firm A company has the fllowing information for the year: Cash 50 Accounts payable = 140 Recelvables 250 Notes payable = 60 Inventories 300 Accruals= 100 CA - 600 CL- 300 Fiaed assets 400 Long-term debt 150 Total assets 1000 Common equity 550 Net income- 4O Sales 2400 This company's days sales outstonding is If the industry average is 32 days, the company looks (more, less) efficient than the average firm
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Answer rating: 100% (QA)
Inventory turnover SalesInventory 24003008 More This companys inventory turnover is 8 If ... View the full answer
Related Book For
Cornerstones of Cost Management
ISBN: 978-1285751788
3rd edition
Authors: Don R. Hansen, Maryanne M. Mowen
Posted Date:
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