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Receivables Investment
Snider Industries sells on terms of 3/10, net 40. Total sales for the year are $1,510,500. Thirty percent of the customers pay on the 10th day and take discounts; the other 70% pay, on average, 58 days after their purchases. Assume 365 days in year for your calculations.
What is the days sales outstanding? ___ days
What is the average amount of receivables?___$
What would happen to average receivables if Snider toughened up on its collection policy with the result that all nondiscount customers paid on the 40th day?___$
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Which of the following practices will reduce a firm's collection float?
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Calculate EV/EBITDA & PE ratio and price to cash flow ratio for alphabet price per share is 2879 pence per share and ordinary shares at the end of the year were 1,263,143,338 Fixed assets Fixed asset investments 27,426 Current assets Debtors – other ..
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Unlevered Beta: Counts Accounting has a beta of 2.04. The tax rate is 30.60%, and Counts is financed with 43.50% debt. What is Counts' unlevered beta? Round your answer to four decimal places. 1.3163 1.2099 1.0238 1.0770 1.3296
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