Assume the following data: Sales = 3,200; Cost of goods sold = 1,600; Receivables = 200.Calculate the accounts receivable period.
A) 24.3
B) 22.8
C) 137
D) 45.6
Correct Answer:
Verified
Q2: Net working capital (NWC)is calculated as
A)total assets
Q21: Assume the following data: EBIT = 400;
Q22: Assume the following data: Sales = 3,200;
Q23: Assume the following data: Sales = 3,200;
Q24: Market value ratios indicate
A)whether the firm is
Q24: Which measure would be most useful in
Q26: Assume the following data: EBIT = 400;
Q28: Assume the following data: Earnings per share
Q30: Assume the following data: Earnings per share
Q38: Assume a book value per share of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents