User Account

All Pages

Last year bizmart had credit sales of 32 million and a net

Assignment Help Finance Basics
Reference no: EM13569410

Last year Bizmart had credit sales of $32 million and a net profit margin of 8%. If Bizmart had accounts receivable of $4.5 million, what was the length of the receivables conversion period?

Reference no: EM13569410

Questions Cloud

An elderly lady owns a home for which she had completely : an elderly lady owns a home for which she had completely paid. she arranges a reverse mortgage for 100000 whereby she
Select data from the income statement of cash flows for : select data from the income statement of cash flows for beer co. for hear ending in 1231xxincome statement datanet
Use the security market line equation and concepts to : use the security market line equation and concepts to respond to the following questionsthe risk free rate of return in
What would you list as five important variables to look at : q1 what programs would you suggest be in place to help law enforcement officers and forensic scientists better
Last year bizmart had credit sales of 32 million and a net : last year bizmart had credit sales of 32 million and a net profit margin of 8. if bizmart had accounts receivable of
It is important to properly classify and report current and : it is important to properly classify and report current and long-term liabilities because they affect liquidity. refer
Paige company has completed all of its operating budgets : paige company has completed all of its operating budgets. the sales budget for the year shows 50000 units and total
If the equipment is sold at the end of its fourth year for : zippy corporation just purchased computing equipment for 25000. the equipment will be depreciated using a five year
Wat is the annual return on his investment convert this : mr. darden sold his house for 165000. he bought it for 55000 nine years ago. what is the annual return on his

Reviews

Write a Review

Finance Basics Questions & Answers

  Annuity question on grandma and rock solid life insurance

Your grandmother bought annuity from Rock Solid Life Insurance Co. for $200,000 if she retired. In exchange for  $200,000, Rock Solid will pay her $25,000 per year till she dies.

  Explain mutually exclusive projects

Explain mutually exclusive projects and Construct a choice table for interest rates from 0% to 100%

  Maturity of hedging instrument

The two basic types of hedges involving futures market are long hedges and short hedges, where the words "long" and "short" refer to maturity of hedging instrument.

  Discuss the strengths and weaknesses of the income

burry corporation acquires 80 of bowman company for 40 million on january 1 year 6. at the time of acquisition bowman

  I average dividend paid on stocks in index is 4 of the

on december 24 2007 the sampp 500 index was 1410 and on december 24 2008 the index was 860. if the average dividend

  Calculation of cost of preferred stock capital for wacc

Calculation of cost of preferred stock capital for WACC and What is the firm's cost of preferred stock

  Why audit of internal control providesvalue to the investing

Explain the rational and value of an audit of a publicly-heldcompany to investors, creditors, and to the broader community as awhole.

  Analyze the following scenario duncombe village golf course

analyze the following scenario duncombe village golf course is considering the purchase of new equipment that will

  The modern language division earned 16 million on net

the modern language division earned 1.6 million on net assets of 20 million. the cost of capital is 11.5 percent.

  Construct a comparative balance sheet for contemporary wood

charles royston was checking the year-end balances for his wood furniture manufacturing and re-tail business and was

  Determine if project is worthwhile using the payback method

It is expected that Dylans Donuts could sell the equipment at the end of its expected life for $15,000. Dylans marginal tax rate is 30% and its required rate of return is 12%. Dylans has a minimum required payback of 3 years.

  What is peterson ebitda coverage ratio

It has $0.6 billion in lease payments and $0.3 billion must go towards principal payments on outstanding loans and long-term debt. What is Peterson's EBITDA coverage ratio?

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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