User Account

All Pages

How long it take its credit customers to pay for purchases

Assignment Help Accounting Basics
Reference no: EM131766633

Question - Amanda's interior Design has credit sales of $783,000, costs of goods sold of $418,000 and average accounts receivable of $107,900. How long does it take its credit customers to pay for their purchases?

A. 36.09 days

B. 50.30 days

C. 31.23 days

D. 35.20 days

E. 27.95 days

Reference no: EM131766633

Questions Cloud

How changes in interest rates would affect bond prices : Bond yield measures inform investors of the rate of return on bonds under different assumptions." Describe the different measures of yield using practical.
How will the decision impact the stakeholders : How will the decision impact stakeholders? Should Big Pharma or individual doctors be responsible for the decision to make such a drug available to patients?
Prepare the bank reconciliation as of december : Included with the bank statement was a debit memo in the amount of $135 for service charges. Prepare the bank reconciliation as of December 31
Train sales associate with on-the-job instruction : Company X Inc. is a small retail store on women’s clothing. They have had a paper-based manual to train sales associate with on-the-job instruction.
How long it take its credit customers to pay for purchases : Amanda's interior Design has credit sales of $783,000, costs of goods sold of $418,000, How long does it take its credit customers to pay for their purchases
Brand manager developing communications mix for your brand : Imagine you are a brand manager developing a communications mix for your brand. Frequently, marketing communications considerations include.
About creating and communicating customer value : Explain its usefulness in understanding how marketers go about creating and communicating customer value.
Journalize the april transactions using perpetual inventory : Yolanda Hagen, a former disc golf star, operates Yolanda's Discorama. Journalize the April transactions using a perpetual inventory system
Why a person should invest in media entities : Write a paragraph on describing the methods and why a person should invest in media entities.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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