What is the receivables turnover

Assignment Help Finance Basics
Reference no: EM13290071

Vang, Inc., has an average collection period of 27 days. Its average daily investment in receivables is $86,000.


Requirement 1:

What is the receivables turnover?

 

Reference no: EM13290071

Questions Cloud

What is the total carrying cost : The Trektronics store begins each month with 750 phasers in stock. This stock is depleted each month and reordered. The carrying cost per phaser is $28 per year and the fixed order cost is $520.
What is the magnitude of the momentum of the electron : he electron mass is 9×10?31 kg. What is the magnitude of the momentum of the electron
What is the total carrying cost : The Trektronics store begins each month with 750 phasers in stock. This stock is depleted each month and reordered. The carrying cost per phaser is $28 per year and the fixed order cost is $520.
Explain integrate the expression : Integrate the expression = 1/V (?V / ?T) at constant pressure, assuming that is independent of temperature. By doing so, obtain an expression for V as a function of T and at constant P.
What is the receivables turnover : Vang, Inc., has an average collection period of 27 days. Its average daily investment in receivables is $86,000.
What is the discount being offered : You place an order for 1,600 units of Good X at a unit price of $53. The supplier offers terms of 2/30, net 50.
What is the current price of the common stock : The company's last dividend, D0, was $1.25, its beta is 1.20, the market risk premium is 5.50%, and the risk-free rate is 3.00%. What is the current price of the common stock?
State the ph of a solution prepared by mixing : Calculate the pH of a solution prepared by mixing 0.0800 mol of chloroacetic acid plus 0.0400 mol of sodium chloroacetate in 1.04 L of water. (pKa of chloroacetic acid = 2.865.)
What is the rate of return : If the price of the common stock rises to $25 on this date next year, what would your rate of return be if you bought a convertible bond today and sold it in one year? Assume on this date next year, the conversion premium has shrunk from $70 to $1..

Reviews

Write a Review

Finance Basics Questions & Answers

  Should they borrow the money to pay its accounts payable

The company has a cash flow pronblem. They owe their suppliers $100,000 on credit terms of 2/10 net 40, nut don't have the cash to pay during the discount period.

  Calculate the npv and irr for each type of truck

Annual net cash flows include depreciation expenses. Calculate the NPV and IRR for each type of truck, and decide which to recommend.

  How do a high percentage of medicaid patients influence

How do a high percentage of Medicaid patients influence a hospitals prices?

  What is the total issue size necessary to yield

If a banker's spread is 6.5% of the total issue size, with $60,000 out-of-pocket exp, what is the total issue size necessary to yield 10 million in cash? Use formula.

  Find the external funds needed by the company

Find the External funds needed by the company - Calculate the External Funds Needed (EFN) for the Company, to achieve the projected sales, using the formula method.

  What is the bond maturity

Yield to maturity. A (n)14-year bond for katy corp has a market price of $950 and par value of $1,000.If the bond has an annual interest rate of 9 percent, but pays semiannually.What is the bond maturity.

  What is the hedge ratio of the put option

Consider a six month put option on a stock with a strike price of $32. The current stock price is $30 and over the next six months it is expected to rise to $36 or fall to $27. The risk free rate is 6%.

  What is the expected return on the portfolio

You own a portfolio that has $1,950 invested in Stock A and $3,800 invested in Stock B. If the expected returns on these stocks are 9 percent and 14 percent, respectively, what is the expected return on the portfolio?

  What is the wacc prior to the expansion

What is the WACC prior to the expansion? After the expansion? Why would leverage cause the increase in the cost of debt.

  What is the value of the stock today

what is the value of the stock today (assume the market is in equilibrium with the required return equal to the expected return)? Round your answer to the nearest cent. Do not round your intermediate computations.

  Which system resonates with you personally

Other cultures and legal systems absolutely refuse to allow a decendant, man or woman, to disinherit a child, minor or adult. Which system resonates with you personally?

  What will the price be in 6 years

The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.40 per share on its stock. The dividends are expected to grow at a constant rate of 8 percent per year indefinitely.

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