Find the average collection period

Assignment Help Basic Statistics
Reference no: EM132201257

A company computes its accounts receivable turnover to be 20. Based on this information, find the average collection period. If the company has a credit collection period of 30 days, explain the relationship between the credit collection period and the average collection period. If a company finds that its fixed asset turnover (net sales/fixed assets) has fallen to less than 1, what does this indicate? 3. Give an example of how financial statements can be used internally by the managers of a company.

Reference no: EM132201257

Questions Cloud

Mutual fund manager that invests in growth stocks : Given historical returns, would you rather have your performance evaluated in the CAPM or a 3-Factor Model?
What is the capital gain yield on the? bonds : The face value of the bonds is $ 1 comma $1,000. The price of the bonds is $ 1 comma $1,029.20 to yield 5.29%. What is the capital gain yield on the? bonds?
Calculate investment income and the balance sheet investment : Calculate investment income and the balance sheet investment account balance for RBO Company using the following methods
User of financial statement information : Why is the inventory accounting method chosen by a company important to the user of financial statement information?
Find the average collection period : A company computes its accounts receivable turnover to be 20. Based on this information, find the average collection period.
Lease a piece of equipment : Carolina Inc. is deciding whether to buy or lease a piece of equipment. Analyst estimated the CFs associated with both options.
Statement in relationship to investment decisions : The Bird-In-Hand-Theory and the Finance Theory (CAPM) are two sides of the same coin. Discuss this statement in relationship to investment decisions
Calculate the company''s after-tax weighted average : Calculate the company's after-tax Weighted Average Cost of Capital.
Organizations based on financial product mix : Explain capital Adequacy Requirements for financial services organizations based on financial product mix?

Reviews

Write a Review

Basic Statistics Questions & Answers

  What is the probability that she will be picked on friday

If Jan was not one of the four students selected earlier in the week, what is the probability that she will be picked on Friday? Explain how you found your answer.

  Using information compute blpha risk

Using this information, calculate Blpha risk (probability of Type II error) if the true population mean really is 81.

  Standard deviation of the possible appreciation return

The real estate investment advisor to the Tired Old Firemen's Pension Fund is faced with a possible property acquisition that will cost $4,200,000.

  Find the probability that all the bulbs in the electric

Consider an electric fixture (such as Christmas tree lights) containing 5 electric light bulbs which are connected so that none will operate

  How many babies were born on each day of the week

Birth days. During a 2-month period in 2002, 72 babies were born at the Tompkins Community Hospital in upstate New York.

  Mean and standard deviation of reaction times

If your reaction time is 4.2 seconds for the first stimulus and 1.8 seconds for the second stimulus, to which stimulus are you reacting

  A survey found that americans generate an average of 198

a survey found that americans generate an average of 19.8 pounds of glass garbage each year. assume the standard

  Denote the order statistics of a random sample

Let Y1 Y2 ··· Y,. denote the order statistics of a random sample of size n from a distribution that has p.d.f. f( x) = 3:x:2/fJ3, 0 x 8, zero elsewhere.

  Examining frequency distribution

The frequency distribution below shows the distribution for suspended solid concentration (in PPM) in river water of 50 different waters collected in September 2011.

  Diane interior design selections purchases

Diane Interior Design Selections purchases two products for resale: big tables (B) and medium tables (M). Each big table costs $500 and requires

  Find the critical values for 0.05 two tail, 0.02 right tail

The mean score on a math test at milby high school was 50. the standard deviation was 10. If the same test was administered to the entire school district of 8th grade students, find the probability that the mean of the population(district) will be be..

  Prbolem regarding the trade agreement

Results from a January 2008 telephone survey conducted by Gallup showed that 57% of urban Colombian adults support a free trade agreement (FTA) with the United States. Gallup used a sample of 1000 urban Colombians aged 15 and older.

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