gracelincook8038 gracelincook8038

01-01-2021
Business

contestada

If net sales for the current year were $612,000, the firm's days' sales uncollected for the year is: (Use 365 days a year.)

Respuesta :

Tundexi Tundexi

03-01-2021

Answer:

42 days.

Explanation

Note: The full question is attached as picture below

Account receivable turnover ratio = $612,000 / $70,422

Account receivable turnover ratio = 8.69

Account collection period = 365 / 8.69

Account collection period = 42.00230.

Thus, the firm’s sales uncollected for year is 42 days.

Ver imagen Tundexi

Answer Link

Otras preguntas

As 390 g of hot milk cools in a mug, it transfers 30,000 J of heat to the environment. What is the temperature change of the milk? The specific heat of milk is

To say that modern society has a "mass scale" means that many fewer people ________ (A) have a strong sense of cultural heritage.(B) are very sure about what i

¿Quién les sirvió el pescado asado? (Miguel)

How are the atmosphere hydrosphere and lithosphere related in the biosphere?

True or false????? :/

What infectious agent produces cysts that transmit the condition via contaminated food and water and have the ability to survive for long periods in cold water?

For many years, "working full-time" has meant working 40 hours per week. Nowadays it seems that corporate employers expect their employees to work more than thi

On January 1, 2018, Micheal Unlimited issues 12%, 20-year bonds payable with a face value of $ 180 comma 000. The bonds are issued at 103 and pay interest o

For many years, "working full-time" has meant working 40 hours per week. Nowadays it seems that corporate employers expect their employees to work more than thi

Complete the sentences below that describe the process of dune movement. Note that some terms will remain unused. View Available Hint(s): saltation, windward,