Question: What does the days sales in receivables indicate and how is it calculated?

What does the days’ sales in receivables indicate and how is it calculated?

Step by Step Solution

★★★★★

3.47 Rating (183 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

Days sales in receivables also called the collection ... View full answer

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

Document Format (1 attachment)

Word file Icon

389-B-A-C-R (2485).docx

120 KBs Word File

Students Have Also Explored These Related Accounting Questions!

Q:

What is a partnership bonus? How is it calculated when a new partner is admitted?

Q:

Days Sales in Receivables a company has net income of $195,000, a profit margin of 9.40 percent, and an accounts receivable balance of $106,851. Assuming 75 percent of sales are on credit, what are...

Q:

What is the Herfindahl-Hirschman Index? How is it calculated and interpreted?

Q:

What does the days sales in receivables indicate, and how is it calculated?

Q:

What does the days sales in receivables indicate, and how is it calculated?

Q:

24. What does the days sales in receivables indicate and how is it calculated?

Q:

What does the days sales in receivables indicate and how is it calculated?

Q:

TRUE or FALSE (if false, why?) Times interest earned determines the amount of interest income earned by a firm during a given period. Short-term creditors are more interested in the ratios indicating...

Q:

Financial Analysis Project Requirements: You will use the Financial Statements for Coke and Pepsi as provided on their websites to complete the following analysis: 1. Calculate the current ratio and...

Q:

Managerial Accounting - 6th Edition by James Jiambalvo Chapter 14 - Problems 13, 14, and 15 (see attachment) Problem 14-13. Common-Size Financial Statements (p.564) Problem 14-14. Horizontal Analysis...

Q:

Define Map Projection?

Q:

If Primo decides to use return-based style analysis, will the R2 of the regression equation of a passively managed fund be higher or lower than that of an actively managed fund? Primo Management Co....

Q:

Inflation and nominal interest rates are: Group of answer choices highly negatively correlated. very weakly correlated. highly positively correlated. independent of one another.

Q:

As you work to prepare your quality management plan for your project, you want to be able to determine which project deliverables and processes will require quality review. Therefore, you should: A....

Q:

Visit www.pearsonhighered.com/Horngren to view a link to the Starbucks Corporation Fiscal 2013 Annual Report. Requirements 1. Calculate the debt ratio for Starbucks Corporation as of September 29,...

Q:

Consider the following independent situations at December 31: a. On July 1, a business collected $6,600 rent in advance, debiting Cash and crediting Unearned Revenue. The tenant was paying one year's...

Q:

The net income of Steinbach & Sons, a landscaping company, decreased sharply during 2016. Mort Steinbach, owner and manager of the company, anticipates the need for a bank loan in 2017. Late in 2016,...

Q:

Project 3: Stockholders' Equity (10 points) Required: Answer the questions on the following page in this booklet and turn in the entire booklet at the beginning of class on the date specified by your...

Q:

Which of the following pieces of code, ( a ) or ( b ) , would be more efficient ( run faster ) ? Justify your answer and state the name of one function you would use to verify the speed difference...

Q:

Exercise GOOD FAIR POOR SIZE OF MARKET MARKET MARKET FIRST STATION ($) (S) ($) Small 50.000 20,000 -10,000 Medium 80,000 30,000 -20,000 Large 100,000 30.000 -40,000 Very large 300,000 25,000 -160,000...