What is inflex corp.s days sales outstanding

Assignment Help Finance Basics
Reference no: EM13289711

Inflex Corp. uses credit terms of 3/15 net 40. 30% of their customers take advantage of the discount and pay on day 15, 70% of their customers pay on day 40. What is Inflex Corp.'s days sales outstanding? Please show work

a. 3.06 days
b. 25 days
c. 27.5 days
d. 32.5 days

 

Reference no: EM13289711

Questions Cloud

Determine the mass of the block of ice : A dockworker applies a constant horizontal force of 85.0N to a block of ice on a smooth horizontal floor. The frictional force is negligible. What is the mass of the block of ice
Determine the change in the velocity of electron : An isolated Free electron is traveling through an electric field from some initial point, where its coulombic potential energy per unit charge(voltage) is 17 KJ/C and velocity = 93 Mm/s to some final point where its coulombic potential energy per ..
How much work does this engine do per cycle : A heat engine with 0.500mol of a monatomic ideal gas initially fills a 1000cm^3 cylinder at 700K. How much work does this engine do per cycle
Define the balanced net ionic equation for the reaction : The following molecular equation represents the reaction that occurs when aqueous solutions of silver nitrate and calcium iodide are combined. 2 AgNO3(aq) + CaI2(aq) 2 AgI(s) + Ca(NO3)2(aq) Write the balanced net ionic equation for the reaction.
What is inflex corp.s days sales outstanding : Inflex Corp. uses credit terms of 3/15 net 40. 30% of their customers take advantage of the discount and pay on day 15, 70% of their customers pay on day 40. What is Inflex Corp.'s days sales outstanding? Please show work.
State of shift register means have to draw only waves : A bidirectional shift register is one in which the datacan be shifted either left or right. It can be implemented by usinggate logic that enables the transfer of a data bit from one stageto the next stage to the right or to the left, depending on ..
What is the cross rate of swiss francs to euros : Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.41 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 0.50 euros. What is the cross rate of Swiss francs to euros? (Please show work)
Explain what was the concentration of the naoh solution : She titrated the acid with a NaOH solution whose exact concentration was unknown. A volume of 18.19 mL of NaOH solution was required to reach the endpoint of the titration. What was the concentration of the NaOH solution in units of M (mol/L)
How many swiss francs can one u.s. dollar buy : If one Swiss franc can purchase $0.85 U.S. dollars, how many Swiss francs can one U.S. dollar buy? Please show work.

Reviews

Write a Review

Finance Basics Questions & Answers

  City recognize in grant revenue in government wide statement

Suppose the same facts as in the previous example. Determine how much should the city recognize in grant revenue in its government-wide statements.

  Computation of hedging position with options

Computation of hedging position with options and given that you hedge your position with options, create a probability distribution for U.S. dollars to be received in 90 days

  Find company cost of common equity

Firm x has a target capital structure of 40% debt and 60 percent common equity, with no preferred stock. The yield to maturity on the firm's outstanding bonds is 9.96%.

  Computation of cost of equity and weighted average cost

Computation of cost of equity and weighted average cost of capital (WACC) and what conclusions can you draw from your results from Parts

  Relationship between inflation and interest rates

Find out the relationship between inflation and interest rates? How does the relationship affect asset prices? How does the unemployment rate affect interest rates?

  Equity and debt percentages and eps and stock price

How do you determine optimal capital structure when given equity and debt percentages and EPS and Stock price

  What was the amount of the costs incurred by the firm

The tax rate was 40 percent. What was the amount of the costs incurred by the firm?

  Swap driven financing the defining features of interest

Describe why corporations engage in swap-driven financing, and describe the defining features of an interest rate and currency swap. Why may a corporation prefer one kind of swap contract over another?

  Explain how the degree of operating and financial leverage

Explain how the degree of operating and financial leverage can change the profitability of the firm when sales levels change significantly. Use examples and explain your answers.

  Computation of gain or loss on sale of investments

Computation of gain or loss on sale of investments and Journal entries to record purchase & sale of company's Common & Treasury stocks

  What is the current price of this preferred stock given

The First Bank of Ellicott City has issued perpetual preferred stock with a $100 par value. The bank pays a quarterly dividend of $1.65 on this stock. What is the current price of this preferred stock given a required rate of return of 12.0 percen..

  Calculate the firms quantities supplied in the two markets

Calculate the firm's quantities supplied in the two markets, prices charged and profits at real exchange rates (RS domestic per foreign currency) of 2 and 2.5.

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