Calculate diviney accounts receivable turnover

Assignment Help Accounting Basics
Reference no: EM131935109

Question: Ratio Analysis: Diviney Corporation's net sales and average net trade accounts receivable were $8,710,000 and $630,000, respectively.

Required: Calculate Diviney's accounts receivable turnover. Round your answer to two decimal places.

Reference no: EM131935109

Questions Cloud

Estimate the bad debt expense of credit sales method : At December 31, 2019, Garner has a $10,000 credit balance in its allowance for doubtful accounts. Garner estimates that 3% of its 2019.
Discuss the educational and training requirements needed : Within your own organization. discuss the educational and training requirements needed for advancement from firefighter all the way through fire chief.
What are three characteristics of a useful theory : What are three characteristics of a useful theory? what is the role of theories in research and how psychology utilizes theories?
Define the concept of negative reinforcement : Define the concept of negative reinforcement and discuss how this concept explains the change in Mr. Fenton's behavior.
Calculate diviney accounts receivable turnover : Ratio Analysis: Diviney Corporation's net sales and average net trade accounts receivable were $8,710,000 and $630,000, respectively.
Substance abuse and addiction : what do you view as the cause(s) of substance abuse and addiction? How do you believe this problem should be addressed in our society and individually?
Write a synthesis of the articles : Write a synthesis of the articles. The synthesis will be 1000-1400 words. In your synthesis, you will group the themes of the articles.
Write a response paper about electronic medical records : In creating the strategies and recommendations, my process was typing key words on the SNHU Shapiro Library EBSCO database and found the articles.
What are the two monitors that dtgov is using : Why are the SLA monitors important? What are the two monitors that DTGOV is using? What are some ways to ensure that they are protected from manipulation?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Beige company has a beginning balance in the work in

beige company has a beginning balance in the work in process inventory account of 230000. current manufacturing costs

  How many total dollars of sales must bac company sell to

how many total dollars of sales must bac company sell to break even if the selling price per unit is 8.50 variable

  Calculate the break-even point in sales dollars

Calculate the break-even point in sales dollars. If Music Now has a target profit of $90,000, how many MP3 players will they have to sell?

  In the consideration of internal control the auditor is

in the consideration of internal control the auditor is basically concerned that internal control provides reasonable

  Classifying types of adjustments

Classifying types of adjustments - Classify the following items as (a) prepaid expense, (b) unearned revenue, (c) accrued revenue, or (d) accrued expense

  What is the amount of ending inventory on december 31 if

a company purchased 100 units for 20 each on january 31. it purchased 100 units for 30 on february 28 it sold a total

  How would journal entities look at the acquisition of funds

How would the journal entities look at the acquisition of the funds and the subsequent spending of the funds? How do the two journal entries look?

  What is the amount transferred from the retained earnings

What is the amount transferred from the Retained Earnings account to Paid-in Capital accounts as a result of the stock dividend

  Measure the rates of return on the company operations

Comment on the formulas the analyst used to measure the rates of return on the company's operations shown in the exhibit. Using the information in the exhibit, correctly calculate the return on assets and return on equity for the company's operation..

  What amount of interest expenses should appear

CGT Reliable Accounting Firm purchased some property on December 31, 2009, for $ 170,000, paying $ 40,000 in cash and obtaining a mortgage loan for the other $ 130,000. The interest rate is 9% per year, with $ 8055 payments made at the end of Marc..

  Identify internal control principles so 2 c the internal

identify internal control principles. so 2 c the internal control procedures in phillips company make the following

  The bonds pay semiannual interest and the interest payment

1.on january 1 2012 oakbasket company issued bonds with a face value of 800000. the bonds carry a stated interest of 7

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd