What is the accounts receivable balance

Assignment Help Financial Management

Reference no: EM13850617

Suppose sales for the entire year were 100,000 and the COGS were 80% of sales. The inventory conversion period is 40 days. The accounts payable deferral period is 15 days, and the cash conversion cycle is 30 days. What is the accounts receivable balance?

a. 0 b. 1096 c. 1370 d. 1600

Reference no: EM13850617

Questions Cloud

What is the sustainable growth rate : Johnson products earned $3.10 upper share last year and paid a $1.25 per share dividend. If ROW was 16 percent, what is the sustainable growth rate?

Credit default swap market grew : One reason that the credit default swap market grew so rapidly from 2000 to 2007 is that:

What is the current value of the companys stock : JJ industries will pay a regular dividend of $2.40 per share for each of the next four years. At the end of the four years, the company will also pay out a $40 per share liquidating dividend, and the company will cease operations. If the discount rat..

Information about the plaintiff character : In a tort action based on defamation, a defendant may plead- An absolute privilege if (s) he is a former employer asked by a prospective employer for information about the plaintiff's character

What is the accounts receivable balance : Suppose sales for the entire year were 100,000 and the COGS were 80% of sales. The inventory conversion period is 40 days. The accounts payable deferral period is 15 days, and the cash conversion cycle is 30 days. What is the accounts receivable bala..

Percentage sustainable growth rate of earnings and dividends : A share of stock will pay a dividend of $1.9 one year from now, with dividend growth of 5.3 percent thereafter. According to the constant dividend growth model, if the required return is 14.4 percent, what should the value of the stock be 4 years fro..

A firm has floating lien : If a firms factors their accounts receivable with recourse, then they are still liable if their customer doesn’t pay. a firm has a floating lien, then they are prohibited from selling inventory. if a firm pledges their accounts REV, then they must re..

Depreciation instead of straight line depreciation : Suppose a firm using accelerated depreciation instead of straight line depreciation. What effect would this have on their finical statements?

Disadvantages to the formation of the european union : Can you think of any disadvantages to the formation of the European Union from a business perspective? Explain

User Account

All Pages