Sensitron and Douglas Tools manufacture and market power tools and accessories.Sensitron targets customers in the professional contractor market,while Douglas Tools focuses on home users and professionals.Selected financial data for the companies appears below.

Required:
1. Calculate the accounts recervale turnaver ratid far each firm far year 2010, 2009, 2008.
2. Sugest reasons far the differences in the accounts receivable turnver ratios far these two firmen.

Question

Sensitron and Douglas Tools manufacture and market power tools and accessories.Sensitron targets customers in the professional contractor market,while Douglas Tools focuses on home users and professionals.Selected financial data for the companies appears below.
  
Required:
 1. Calculate the accounts recervale turnaver ratid far each firm far year 2010, 2009, 2008.
2. Sugest reasons far the differences in the accounts receivable turnver ratios far these two firmen.

Quizplus · Accepted Answer

The Answer of Sensitron and Douglas Tools manufacture and market power tools and accessories.Sensitron targets customers in the professional contractor market,while Douglas Tools focuses on home users and professionals.Selected financial data for the companies appears below.
  
Required:
 1. Calculate the accounts recervale turnaver ratid far each firm far year 2010, 2009, 2008.
2. Sugest reasons far the differences in the accounts receivable turnver ratios far these two firmen.

Sensitron and Douglas Tools Manufacture and Market Power Tools and Accessories.Sensitron