This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Aziz Industries has sales of $200,000 and accounts receivable of $21,000, and it gives its customers ... (Read 99 times)

unreallynx

  • Full Member
  • ***
  • Posts: 152
on: Aug 7, 2023

Question 1

Arshadi Corp.’s sales last year were $67,000, and its total assets were $31,000. What was Arshadi’s total assets turnover ratio (TATO)?

◦

2.16


◦

2.25


◦

2.30


◦

2.49



Question 2

Aziz Industries has sales of $200,000 and accounts receivable of $21,000, and it gives its customers 30 days to pay. The industry average DSO is 30 days, based on a 365-day year. If the company changes its credit and collection policy sufficiently to cause its DSO to fall to the industry average, and if it earns 9% on any cash freed up by this change, how would that affect its net income, assuming other things are held constant?

◦

$392.60


◦

$405.03


◦

$410.55


◦

$429.00

Financial Management: Theory and Practice ¦ Brigham, Ehrhardt, Gessaroli, Nason ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by unreallynx on Aug 7, 2023

reactx

  • Full Member
  • ***
  • Posts: 162
Reply #1 on: Aug 7, 2023
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.
Answer Preview
Only 25% of students answer this correctly


unreallynx

  • Member
  • Posts: 152
Reply 2 on: Aug 7, 2023
Wow, this really help

dreamfighter72

  • Member
  • Posts: 355
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Acute bronchitis is an inflammation of the breathing tubes (bronchi), which causes increased mucus production and other changes. It is usually caused by bacteria or viruses, can be serious in people who have pulmonary or cardiac diseases, and can lead to pneumonia.

Meiosis Accounts for the Segregation of Alleles Meiosis Accounts for the Segregation of Alleles
Meiosis Accounts for Independent Assortment of Alleles p1 Meiosis Accounts for Independent Assortment of Alleles p1
Example of an accounts receivable aging analysis report. Example of an accounts receivable aging analysis report.
Example of a chart of accounts. Example of a chart of accounts.
Science versus religion: What accounts for the conflict and tension that have existed between them? Science versus religion: What accounts for the conflict and tension that have existed between them?
Productivity in Selected Industries in the Early 1990s Productivity in Selected Industries in the Early 1990s
Video: Cataract

For a complete list of videos, visit our video library