Company average accounts receivable
Course:- Business Economics
Reference No.:- EM132281307

Expertsmind Rated 4.9 / 5 based on 47215 reviews.
Review Site
Assignment Help >> Business Economics

Receivables Investment

Medwig Corporation has a DSO of 41 days. The company averages $9,250 in sales each day (all customers take credit). What is the company's average accounts receivable? Round your answer to the nearest dollar.

Put your comment

Ask Question & Get Answers from Experts
Browse some more (Business Economics) Materials
Cash versus Stock Payment [LO3] Penn Corp. is analyzing the possible acquisition of Teller Company. Both firms have no debt. Penn believes the acquisition will increase its to
An economy is operating with output $400 billion below its natural level, and fiscal policymakers want to close this recessionary gap. The central bank agrees to adjust the mo
Draw a production possibilities curve between health and all other goods. Insert a point in the drawing that illustrates an economy with an inefficient health system. Insert t
The following graph shows supply and demand in the market for smartphones. Use the black point (cross symbol) to indicate the equilibrium price and quantity of smartphones. Th
During the Great Recession, as in previous extended recessions, the U.S. Administration stressed job training programs and enacted repeated extensions of long-term unemploym
Identify two business situations or problems within your current organization or industry. Articulate how one of these lends itself to a simple linear regression and how one d
Answer the following questions assuming the single index model holds. Assume the correlation coefficient between a stock, XYZ, and the market index is 0.70. What percentage of
LED light bulbs use only 20 to 25 percent of the energy used by traditional incandescent bulbs. Even if all consumers replace their old bulbs by the LED bulbs, do we expect th