Question: D Question 8 1 pts Using a 365 day year, what is the Days Sales Outstanding (Days of Receivables) for a firm that has annual

D Question 8 1 pts Using a 365 day year, what is the Days Sales Outstanding (Days of Receivables) for a firm that has annual sales of $25,213,000 and Accounts Receivable of $8,824,550? 127.8 126.9 128.9 128.4

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

D Question 9 1 pts Using a 365 day year, what is the Days Sales Outstanding (Days of Receivables) for a firm that has annual sales of $23,206,000 and Accounts Receivable of $2,320,600? 36.5 35.6...

XYZ Corp. has current assets of $12 million, current liabilities of $4 million, cash of $9 million, accounts receivable of $2 million, and inventory of $1 million. XYZ has decided to use $2 million...

10 1 pts Using a 365 day year, what is the Days Sales Outstanding (Days of Receivables) for a firm that has annual sales of $26,188,000 and Accounts Receivable of $1,309,400? 18.3 17,4 17.2 18.9

Using a 365 day year, what is the Days of Inventory for a firm that has annual Cost of Goods Sold of $25,342,000 and Inventory of $8,362,860? 120.5 119.6 121.6 121.1 Question 2 1 pts ABC's sales for...

Using a 365 day year, what is the Days of Inventory for a firm that has annual Cost of Goods Sold of $18,330,000 and Inventory of $2,932,800? 58.4 59.3 59.5 59.0 Question 8 1 pts Using a 365 day...

1 Williams & Sons last year reported sales of $30 million, cost of goods sold (COGS) of $24 million, and an inventory turnover ratio of 4. The company is now adopting a new inventory system. If the...

D Question 1 1 pts Libscomb Technologies' annual sales are $5,869,931 and all sales are made on credit, it purchases $3,049,748 of materials each year (and this is its cost of goods sold). Libscomb...

H. AD EE A Styles Find Reuse Files Question 3 (10 Marks) In Dubai there are 65 (equities) publicly traded companies in the (DFM) Dubai Financial Market and many other companies that are private. It...

D Question 1 1 pts Libscomb Technologies' annual sales are $6,178,922 and all sales are made on credit, it purchases $4,049,369 of materials each year and this is its cost of goods sold). Libscomb...

Pawnee Corporation reported the following items at December 31, 2018, and 2017: B (Click the icon to view the comparative financial information.) Read the requirements. Requirement 1. Compute the...

Design a combinational circuit that divides a 2-bit number A = (a ao) by another 2- bit number B= (b bo) and generates a 2-bit number D = (d do) that gives the remainder of the division (i.e. D =...

You are required to write a memo on Recipient for the Heart Transplantation

Which of the following is viewed as inside money by the Fed?mutual fundsstocks and bondsCoins, notes, and billsdeposits in savings and checking accounts

CT Corp Comprehensive Question Canadian Tire Corporation, Limited ( Canadian Tire ) is a family of companies that includes a retail segment and a financial services division, among others. The retail...

Teamwork. Obtain a copy of your schools administrative organization chart.As a group, identify the vertical and horizontal communication patterns suggested by the structure. Then, interview one of...

Which communication barriers do you consider to be more serious, verbal or nonverbal? (Objective 5)

What techniques can the sender of a message use to ensure that serial communications are accurate?