In the table below the information for four companies is provided Company Accounts Receivable turnover Average collection period Wildhorse 12 90 27 15 Lewis 13 10 27 00 Danforth 10 10 33 95 Sarasota 13 80 26 95 Industry Average 13 70 27 90 If Sarasota 's net credit sales are $ 434700 , what are its...

As we know Net Credit sale Average met accoun ...

In the table below the information for four companies is provided. Company Accounts Receivable turnover Average collection

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

Question:

In the table below the information for four companies is provided.

Company	Accounts Receivable turnover	Average collection period
Wildhorse	12.90	27.15
Lewis	13.10	27.00
Danforth	10.10	33.95
Sarasota	13.80	26.95
Industry Average	13.70	27.90

If Sarasota's net credit sales are $434700, what are its average net accounts receivable?

$12606

$59989

$104095

$31500

Related Book For answer-question

Essentials of Statistics for the Behavioral Sciences

ISBN: 978-1464107771

3rd edition

Authors: Susan A. Nolan

See More Books

Posted Date: Feb 08, 2022 05:17 PM

See More Questions

In this exercise you will determine the angular width of various configurations of your out-stretched hand. You will be able to use this angular measure as a standard to measure the angular...
The table below provides information about hours of sleep. a. Calculate statistical power for a one-tailed test (a = 0.05, or 5%) aimed at determining if those in the sample sleep fewer hours, on...
The data given in the table below are the midterm scores in a course for a sample of 10 students and the scores of student evaluations of the instructor. (In the instructor evaluation scores, 1 is...
Given an $n$-by- $n$ subarray of black (1) and white (0) pixels, design a linear-time algorithm that finds the largest square subarray that contains no white pixels. In the following example, the...
Big Bull restaurant employs twenty-three employees who receive tips. During the current year, Big Bull has $410,000 in gross revenues, and its employees do not report any tip income. In what ways may...
Consider the quality of cars, as measured by the number of cars requiring extra work after assembly, in each days production for 15 days: 30, 34, 9, 14, 28, 9, 23, 0, 5, 23, 25, 7, 0, 3, 24 a. Find...
Consider the wine quality of young red wines data in Table B.19. For the purposes of this exercise, ignore regressor $x_{1}$. Perform a thorough analysis of these data. What conclusions do you draw...
A Rockwell hardness-testing machine presses a tip into a test coupon and uses the depth of the resulting depression to indicate hardness. Two different tips are being compared to determine whether...
A linear programming model has been formulated in a spreadsheet to determine the production levels for tomorrow that would maximize profit. The solved spreadsheet model and corresponding sensitivity...
Two quality control technicians measured the surface finish of a metal part, obtaining the data in Table 4E.1. Assume that the measurements are normally distributed. (a)Test the hypothesis that the...
Ninette, age 16, has dividend income of $2,800 and interest income of $935. She has no investment expenses. Determine the net unearned income for the purpose of the kiddie tax. Net unearned income is...
What does the tax law include in amount realized?
Doagile methods hinder object-oriented programming? Why?
Job security, health security, and so on come under: Security needs Social needs Esteem needs Self-actualization
Why must a preliminary conceptual model be made during the Inception phase?
Explain in detail how a delegate message that appears in a sequence diagram must be implemented.
When comparing the long-run experience of different countries over the last few decades, countries with 1% higher inflation tended to have about ____% faster money growth a.1% b.0.1% c. -1%
Based on the scenario described below, generate all possible association rules with values for confidence, support (for dependent), and lift. Submit your solutions in a Word document (name it...
What sample size is recommended in order to meet the assumption of a normal distribution of means, even when the underlying population of scores is not normal?
What are the four assumptions for the chi-square tests?
Explain the source of variability called subjects.
Describe the significance of the term filious nullius.
Calculate the isentropic compressibility for air at a pressure of $0.5 \mathrm{~atm}$. Compare the result with that for the isothermal compressibility obtained in Example 1.3. Data From Example...
Describe the nature and significance of the biology plus approach to establishing parental rights for unwed fathers.

In the table below the information for four companies is provided. Company Accounts Receivable turnover Average collection

Question:

Expert Answer:

As we know Net Credit sale Average met accoun... View the full answer

Essentials of Statistics for the Behavioral Sciences

Students also viewed these accounting questions