A company has inventory of $3 million and current liabilities of $2 million. Cost of sales is $10 million annually and revenue is $15 million. What would be the accounts receivable days if the current ratio is 2? Assume 365 days in a year.

A company has annual sales of $5,210,000 and its average daily accounts receivable is $377,000. What is the average days' sales in receivables? Assume 365 days per year.

Please answer fast

Baxley Brothers has a DSO of 20 days, and its annual sales are $10,585,000. What is its accounts receivable balance? Assume that it uses a 365-day year. Round your answer to the nearest dollar

Lalit Lumber Company has sales of $13 million per year, all on credit terms calling for payment within 30 days, and its accounts receivable are $3.45 million. Assume 365 days in the year for your calculations. 1. What is Lalit's DSO? 2. What would DSO be if all customers paid on time?

Medwig Corporation has a DSO of 27 days. The company averages $9,750 in sales each day (all customers take credit). What is the company's average accounts receivable? Assume a 365-day year. Round your answer to the nearest dollar.

Medwig Corporation has a DSO of 24 days. The company averages $7, 750 in sales each day ( all customers take credit). What is the company's average accounts receivable? Assume a 365 day year. Round your answer to the nearest dollar. $

Baxley Brother has a DSO of 23 days, and its annual sales are $3,650,000.  What is its accounts receivable balance?  Assume that is uses a 365 day year. I must show the work. How you arrive at the answer.

Your company had net sales of $100,000 over the past year. One quarter of the sales were credit sales. During that time, average receivables were $5,000. The accounts receivable balance at the end of the year was $5,000. What was the average collection period? What is the average age of receivables (same answer!)? (Assume a 360-day year) O 18 days O 27 days O 36 days O 72 days O 60 days

Using the following information and a 360-day year, what is your estimate of the firm's current receivables period? Current inventory = $170,000. Annual sales = $700,000. Accounts receivable = $75,000. Accounts payable = $16,500. Total annual purchases = $220,000. Purchases credit terms: net 30 days. Receivables credit terms: net 50 days. " Group of answer choices 39 days 29 days 35 days 45 days