The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2/10, n/45. 20Y3 20Y2 20Y1 Accounts receivable, end of year $700,000 $645,000 $580,000 Sales on account 5,653,500 4,678,500 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet For 20Y2 and 20Y3, determine (1) the accounts receivable turnover and (2) the number of days' sales in receivables. Assume a 365-day year. Do not round intermediate calculations. Round your answers to one decimal place. 20Y3 20Y2 1. Accounts receivable turnover 2. Number of days' sales in receivables days days The collection of accounts receivable has . This can be seen in both the in accounts receivable turnover and the in the collection period.
Answers: 1
Business, 22.06.2019 03:50
John is a 45-year-old manager who enjoys playing basketball in his spare time with his teenage sons and their friends. at work he finds that he is better able to solve problems that come up because of his many years of experience, but while on the court, he finds he is not as good keeping track of the ball while worrying about the other players. john's experience is:
Answers: 1
Business, 22.06.2019 06:20
About time delivery co. incurred the following costs related to trucks and vans used in operating its delivery service: classify each of the costs as a capital expenditure or a revenue expenditure. 1. changed the oil and greased the joints of all the trucks and vans. 2. changed the radiator fluid on a truck that had been in service for the past four years. 3. installed a hydraulic lift to a van. 4. installed security systems on four of the newer trucks. 5. overhaul the engine on one of the trucks purchased three years ago. 6. rebuilt the transmission on one of the vans that had been driven 40,000 miles. the van was no longer under warranty. 7. removed a two-way radio from one of the trucks and installed a new radio with a greater range of communication. 8. repaired a flat tire on one of the vans. 9. replaced a truck's suspension system with a new suspension system that allows for the delivery of heavier loads. 10. tinted the back and side windows of one of the vans to discourage theft of contents.
Answers: 1
Business, 22.06.2019 10:00
Which term best fits the sentence? is the process of reasoning, analyzing, and making important decisions. it’s an important skill in making career decisions. a. critical thinking b. weighing pros and cons c. goal setting
Answers: 1
The following data are taken from the financial statements of Sigmon Inc. Terms of all sales are 2/1...
English, 09.03.2021 23:30
Mathematics, 09.03.2021 23:30
Chemistry, 09.03.2021 23:30
Biology, 09.03.2021 23:30
English, 09.03.2021 23:30
History, 09.03.2021 23:30
Business, 09.03.2021 23:30
Mathematics, 09.03.2021 23:30
Mathematics, 09.03.2021 23:30
History, 09.03.2021 23:30
Mathematics, 09.03.2021 23:30
Mathematics, 09.03.2021 23:30
Arts, 09.03.2021 23:30
Mathematics, 09.03.2021 23:30
History, 09.03.2021 23:30