y has net sales of 1,630,200 an

Q: A company reports the following: Sales $1,460,000 Average accounts receivable (net) 100,000…

A: a Account  receivable turnover=sales/ average account receivable (net) =$1,460,000/$100,000 =14.6

Q: A company reports the following: Sales $399,675 Average accounts receivable (net) 54,750 Determine…

A: Accounts receivable turnover is computed by dividing the sales with the average accounts receivable…

Q: Powers Company reported net sales of $1,310,000, average Accounts Receivable, net of $67,500, and…

A: Accounts receivable turnover ratio = Net salesAverage Accounts receivable =$1,310,000$67,500=19.49…

Q: Diviney Corporation's net sales and average net trade accounts receivable were $8,710,000 and…

A: Accounts Receivable Turnover = Net Sales/ Avg. Accounts Receivables

Q: Accounts receivable turnover and days’ sales in receivables For two recent years, Robinhood Company…

A: Accounts receivable turnover = Net Credit sales / Average account receivable  Accounts receivable…

Q: Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company…

A: In order to determine the accounts receivable turnover ratio, the average accounts receivable are…

Q: A company has net sales on account of $1,750,000. Net accounts receivable at the beginning of the…

A: Accounts receivable turnover ratio = Net credit sales / Average Accounts Receivables where, Average…

Q: A company reports the following Infommation for the year. Net credit sales $110,000 12,000 98,000…

A: Receivables turnover Ratio: The receivable turnover ratio is a kind of measuring ratio how the is…

Q: Accounts receivable analysis A company reports the following: Sales $4,560,000 Average…

A: Accounts receivable means the money owed by debtors.

Q: A firm has $400,000 in credit sales and $100,000 in accounts receivable.Compute accounts receivable…

A:

Q: A company reports the following: Sales Average accounts receivable (net) $511,000 73,000 Determine…

A: Sales = 511,000 Average Accounts Receivables (net) = 73,000

Q: A company had net sales of $660,000, total sales of $810,000, and an average accounts receivable of…

A: Net Sales = $ 660,000 Average Accounts Receivables = $78,000

Q: A company reports the following:Sales…

A: (a)Accounts receivable turnover = Credit sales / Average accounts receivableAccounts receivable…

Q: Based on the following data, what is the accounts receivable turnover? Sales on account during year…

A: PLEASE LIKE THE ANSWER, YOUR RESPONSE MATTERS    formula = Average accounts receivable = (Accounts…

Q: Maloney Company had net credit sales during the year of $1,200,000 and cost of goods sold of…

A: Accounts receivable turnover: Accounts receivable turnover is a liquidity measure of accounts…

Q: Accounts receivable turnover and days’ sales in receivables For two recent years, Robinhood Company…

A: 1. Ratio Analysis - Ratio analysis is the method of getting various ratio which indicates the…

Q: Based on the following data, what is the accounts receivable turnover? Sales on account during year…

A: Accounts receivable turnover ratio also known as debtor's turnover ratio which is calculated to…

Q: A company reports the following: Sales $1,180,410 Average accounts receivable (net) 56,210…

A: Given: Sales = $1,180,410 Average accounts receivables = $56,210

Q: At the end of the fiscal year, Big Box Depot had account receivables of $1.89 billion on net sales…

A: Ratio analysis helps to analyze the financial statements of the company. The management can take…

Q: Recent financial statements of Marin Ship Builders, Inc. report net sales of $636,800,000. Accounts…

A: Average Net Receivables = (Receivable at Beginning + Receivable at the End) / 2 Average Net…

Q: The financial statements of the Sheffield Corp. reports net sales of $690150 and accounts receivable…

A: Accounts receivable turnover ratio is computed to determine the efficiency of the entity to collect…

Q: The Nicholas Company had net sales on account of $6,570,000 during 1998. The beginning and ending…

A: Given the following information: Net credit sales: $6,570,000 Beginning accounts receivables:…

Q: A company reports the following: Sales $838,040 Average accounts receivable (net) 51,100 Round your…

A: Formula: Accounts receivable turnover ratio = Net sales / Average accounts receivable Average…

Q: A company reports the following: Sales $671,600 Average accounts receivable (net) 67,160 Determine…

A: Accounts receivable turnover = Sales / Average Accounts receivable where, Average Accounts…

Q: A company reports the following Sales $1,200,000 Average accounts receivables (net) 50,000 Determine…

A: Accounts receivables are the legal enforceable claims by the company for the products supplied to…

Q: A company had net sales of $570,000, total sales of $720,000, and average accounts receivable, net…

A: Accounts receivable ratio is calculated to know how efficiently the company collects its debts…

Q: Blue Air Inc., has net sales of $735,000 and  accounts receivables of $164,000. What are the firm's…

A: Accounts Receivables Turnover Ratio measures the efficiency of the company in collecting receivables…

Q: A company reports the following:   Sales $1,359,990   Average accounts receivable (net) 83,950…

A: Accounts receivable turnover = Sales/Average accounts receivable Number of days' sales in…

Q: A company has net sales of $1,531,800 and average accounts recelvable of $414,000. What is Its…

A: Accounts Receivable Turnover Ratio means Net Sales Divided by Average Receivable. It is used to know…

Q: Based on the following data, what is the accounts receivable turnover? Sales on account during year…

A: Accounts receivable turnover ratio = Net credit sales / Average Accounts Receivables where, Average…

Q: A company reports the following:Sales…

A: a.Compute accounts receivable turnover ratio.

Q: Camden Hardware’s credit sales for the year were $320,000. Accounts receivable at the beginning and…

A: Accounts Receivable Turnover: The accounts receivable turnover ratio determines the ability of a…

Q: A company has net sales of $489,600 and average accounts receivable of $40,800. What is its accounts…

A: Given information is: A company has net sales of $489,600 and average accounts receivable of…

Q: A company had net sales of $84,000 and accounts receivable of $6,720. Its days’ sales uncollected is…

A: Days Sales outstanding: It refers to the average number of days for which the receivables of the…

Q: favorable

A: Accounts receivable turnover is a type of financial ratio which is calculated by organizations to…

Q: Accounts receivable turnover and days’ sales in receivables For two recent years, Robinhood Company…

A: Particulars 20Y9 20Y8 Opening Accounts Receivables 610000 530000 Closing Accounts Receivables…

Q: A company reports the following: Sales $117,530 Average accounts receivable (net) 16,790 Determine…

A: Ratio analysis is a method of measuring the financial position of the organization with different…

Q: Based on the following data, what is the accounts receivable turnover? Sales on account during year…

A: Ratio analysis is a method of measuring the financial position of the organization with different…

Q: Flying Tigers, Inc., has net sales of $722,000 and accounts receivables of $152,000. What is the…

A: accounts receivables turnover=net salesaccounts receivables

Q: Wildhorse Co. had net credit sales during the year of $1223200 and cost of goods sold of $712000.…

A: ACCOUNTS RECEIVABLE TURNOVER :  = NET CREDIT SALES /  (OPENING RECEIVABLES + CLOSING RECEIVABLES / 2…

Q: Blue Air Inc., has net sales of $767,000 and accounts receivables of $162,000. What are the firm's…

A: We have the following information: Net Sales: $767,000 Accounts Receivables: $162,000

Financial Transaction Analysis

The transaction analysis is done with the help of the accounting equation. The basic accounting equation is alternatively known as the balance sheet equation is based on the double-entry system which says that for each transaction happening in a business, at least two accounts should be affected I.e. both the debit side and the credit side should be equal. The Accounting Equation is