User Account

All Pages

What is average collection period for accounts receivable

Assignment Help Accounting Basics
Reference no: EM131611372

Question - The financial statements of the Nash's Trading Post, LLC reports net sales of $300000 and accounts receivable of $48000 and $18000 at the beginning of the year and end of year, respectively. What is the average collection period for accounts receivable in days?

40.2

80.7

50.3

30.0

Reference no: EM131611372

Questions Cloud

Compare gilgamesh and odysseus : Compare Gilgamesh and Odysseus as to their heroic qualities, noting similarities and differences, using specific examples from the epics.
Explain the role of internetworking : Overview of Internetworking - Explain the role of internetworking to support business and technical goals through planning and design.
Discuss cost of sochi winter olympics : Cost of Sochi Winter Olympics The Russian government spent $6.7 billion on Olympic facilities and $16.7 billion upgrading Sochi area infrastructure.
Pros and cons of completing a stakeholder analysis : In your discussion, explain why stakeholder analysis is an important step in the action research process and what could happen if this step is eliminated.
What is average collection period for accounts receivable : The financial statements of the Nash's Trading Post, What is the average collection period for accounts receivable in days
What was the opportunity cost of your evening at the movies : The night before an economics test, you decide to go to the movies instead of staying home and working your My Econ Lab Study Plan.
Explain argues in favor of specific solutions : A problem-solution essay identifies the causes of a problem and then argues in favor of specific solutions
What is the accounts receivable turnover for blossom : The financial statements of the Blossom Company reports net sales of $420000, What is the accounts receivable turnover for Blossom
Find five job postings in the security field : Determine to what extent the material in this chapter is referred to in those postings. Consider the logic of your findings (why so much or why so little?).

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