sordant5112 sordant5112

02-11-2022
Business

Answered

morgan had net sales of $310,000 and average accounts receivable, net of $77,500. its competitor, stanley, had net sales of $286,700 and average accounts receivable, net of $61,000. calculate the accounts receivable turnover for both companies. which company is doing a better job of managing its accounts receivables?

Answer :

Other Questions

consider the following information as of june 30, 2025. a. suzie estimates uncollectible accounts to be 10% of accounts receivable from the mba groups on june 1

canyon tours showed the following components of working capital last year: beginning of year end of year accounts receivable $ 24,000 $ 23,000 inventory 12,000

nu company reported the following pretax data for its first year of operations. net sales 2,850 cost of goods available for sale 2,430 operating expenses 770 ef

mountain frost is considering a new project with an initial cost of $210,000. the equipment will be depreciated on a straight-line basis to a zero book value ov

an orcharder spends $110,000 to plant pomegranate bushes. it will take four years for thebushes to provide a usable crop. he estimates that every year for 20 ye

1. fill in the following table with your estimates of the company's total cost and average cost per cup of coffee at the indicated levels of activity. 2. does t

hay company had 3,000 units in its beginning inventory, 2,000 units in its ending inventory, and completed and transferred out 14,000 during the month. what are

cuddles pajama company's owners are retiring. their employees want to continue providing the world with comfy loungewear both today and far into the future, so

suppose company x sold a piece of equipment during the year. the equipment had been purchased five years ago for $10,000. at the time of the sale, $5,000 of dep

question content areawhich of the following is not an assumption underlying cost-volume-profit analysis? a.total sales and total costs can be represented by str