+
BUSI 530 CONNECT PLUS CHAPTER 19 HOMEWORK

BUSI 530 CONNECT PLUS CHAPTER 19 HOMEWORK

Rating:
Rating
(0)
Author: simmons96 96
Description:

http://theperfecthomework.com/busi-530-connect-plus-chapter-19-homework/

Income statement data:Sales $ 6,400Cost of goods sold 5,600Balance sheet data:Inventory $ 630Accounts receivable 250Accounts payable 410Calculate the accounts receivable period, accounts payable period, inventory period, and cash conversion cycle for the above firm
Complete the statement of sources and uses of cash from the following entries:
Here is a forecast of sales by National Bromide for the first 4 months of 2015 (figures in thousands of dollars):
A firm sells its $1,130,000 receivables to a factor for $1,073,500. The average collection period is 1 month. What is the effective annual rate on this arrangement?
 


(more)
See More
Try a College Course Free

Sophia’s self-paced online courses are a great way to save time and money as you earn credits eligible for transfer to over 2,000 colleges and universities.*

Begin Free Trial
No credit card required

25 Sophia partners guarantee credit transfer.

221 Institutions have accepted or given pre-approval for credit transfer.

* The American Council on Education's College Credit Recommendation Service (ACE Credit®) has evaluated and recommended college credit for 20 of Sophia’s online courses. More than 2,000 colleges and universities consider ACE CREDIT recommendations in determining the applicability to their course and degree programs.

Tutorial