subject
Business, 29.07.2019 21:30 jaycobgarciavis

Selected data from emporia company follow: balance sheets as of december 31 2018 2017 accounts receivable $ 600,000 $ 480,000 allowance for doubtful accounts (40,000 ) (20,000 ) net accounts receivable $ 560,000 $ 460,000 inventories, lower of cost or market $ 500,000 $ 400,000 income statement for the years ended december 31 2018 2017 net credit sales $ 2,400,000 $ 1,950,000 net cash sales 600,000 450,000 net sales 3,000,000 2,400,000 cost of goods sold 1,800,000 1,520,000 selling, general, and administrative expenses 300,000 240,000 other expenses 80,000 50,000 total operating expenses $ 2,180,000 $ 1,810,000 required compute the accounts receivable turnover for 2018. compute the inventory turnover for 2018. compute the net margin for 2017. (for all requirements, round your answers to 2 decimal places.)

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 16:50
The bonds issued by the south foot bear a coupon rate of 7.5 percent, payable semiannually. the bonds mature in 6.5 years, sell at par, and have a $1,000 face value. what is the yield to maturity
Answers: 3
question
Business, 22.06.2019 09:30
Any point on a country's production possibilities frontier represents a combination of two goods that an economy:
Answers: 3
question
Business, 22.06.2019 10:00
You are president of a large corporation. at a typical monthly meeting, each of your vice presidents gives standard area reports. in the past, these reports have been good, and the vps seem satisfied about their work. based on situational approach to leadership, which leadership style should you exhibit at the next meeting?
Answers: 2
question
Business, 22.06.2019 15:00
Beagle autos is known for its affordable and reliable brand of consumer vehicles. because its shareholders expect to see an improved rate of growth in the coming years, beagle's executives have decided to diversify the company's range of products so that at least 40 percent of the firm's revenue is generated by new business units. however, the company's resources, capabilities, and competencies are limited to producing other forms of motorized vehicles, such as motorcycles and all-terrain vehicles (atvs). which type of corporate diversification strategy should beagle pursue?
Answers: 1
You know the right answer?
Selected data from emporia company follow: balance sheets as of december 31 2018 2017 accounts rece...
Questions
question
Mathematics, 18.03.2021 20:10
question
Business, 18.03.2021 20:10
question
Physics, 18.03.2021 20:10
question
Mathematics, 18.03.2021 20:10
Questions on the website: 13722359