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Author Question: A firm has accounts receivable of $150,000. During the year, total sales are $500,000, of which ... (Read 40 times)

cmoore54

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on: Apr 25, 2021

Question 1

________ ratios measure the efficiency with which assets are converted to sales or cash.
◦ Liquidity
◦ Activity
◦ Profitability
◦ Market
◦ Financing

Question 2

A firm has accounts receivable of $150,000. During the year, total sales are $500,000, of which $300,000 are cash sales. What is the average collection period?
◦ 109.5 days
◦ 182.5 days
◦ 273.8 days
◦ 486.7 days
◦ None of these
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
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Marked as best answer by cmoore54 on Apr 25, 2021

bimper21

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Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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cmoore54

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review

frankwu0507

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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