Compute the accounts receivable turnover at year end

Assignment Help Accounting Basics
Reference no: EM131813322

Question - Need some help about - Home Depot retailer company accounting annual report in January 2016- January 2017

  • Compute the acid-test ratio. If the current liabilities came due immediately, could the company pay them?
  • Compute the accounts receivable turnover at year end.
  • Compute days sales in receivables at year end.
  • Based on the acid-test ratio, accounts receivable turnover, and days sales in receivables, how does the company compare to the industry?

Thank you.

Reference no: EM131813322

Questions Cloud

Determine the amounts related to the investment : Assume Miller accounts for its investment in Marlon using the equity method. Ignoring income taxes, determine the amounts related to the investment
Determining the average time to visits the restaurant : Find the probability that average time until he is served in eight randomly selected visits to the restaurant will be at least 5 minutes.
How you might help megan in classroom by supporting capacity : How you might help Megan in classroom by supporting her capacity to remember/retain information, enhance her study skills and organize and process her thoughts.
What will be mary annual deposit : Mary and her insurance company agreed that her account would earn annual interest of 10% for the life of the plan. What will be Mary’s annual deposit?
Compute the accounts receivable turnover at year end : Compute the accounts receivable turnover at year end. Compute days sales in receivables at year end
Why do you think IKEAs expansion into europe went so well : Why do you think IKEAs expansion into Europe went so well? Why did the company subsequently stumble in North America? What lessons did IKEA learn
Determine actual mean amount being delivered to containers : A high-speed packing machine can be set to deliver between 11 and 13 ounces of a liquid. For any delivery setting in this range the amount delivered.
What is the size of the balloon payment : Suppose that you take out a mortgage loan with the following characteristics. What is the size of the balloon payment?
Prepare a multiple-step income statement : Use this information to prepare a multiple-step income statement, a retained earnings statement, and a classified balance sheet

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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