Simon's company has net sales of $720,000 and average accounts receivable of $30,000. What is its accounts receivable turnover?
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- Last year, Nikkola Company had net sales of 2.299.500,000 and cost of goods sold of 1,755,000,000. Nikkola had the following balances: Refer to the information for Nikkola Company above. Required: Note: Round answers to one decimal place. 1. Calculate the average accounts receivable. 2. Calculate the accounts receivable turnover ratio. 3. Calculate the accounts receivable turnover in days.Montalcino Company had net sales of 54,000,000. Montalcino had the following balances: Required: Note: Round answers to one decimal place. 1. Calculate the average accounts receivable. 2. Calculate the accounts receivable turnover ratio. 3. Calculate the accounts receivable turnover in days.Whalen Company had net sales of 125,500,250,000. Whalen had the following balances: Required: Note: Round answers to two decimal places. 1. Calculate the average accounts receivable. 2. Calculate the accounts receivable turnover ratio. 3. Calculate the accounts receivable turnover in days.
- What is the account receivable turnover rate?Kimberly, Inc. has accounts receivable of $28,500, total assets of $342,000, cost of goods sold of $195,200, and a capital intensity ratio of 1.14. What is the accounts receivable turnover rate?A company has net sales of 1,630,200 and average accounts receivable of 418,000. what is its accounts receivable turnover for the period
- Blue Air Inc., has net sales of $740,000 and accounts receivables of $163,000. What is the firm's accounts receivables turnover?What is the receivable turnover ratio?A company had net sales of $660,000, total sales of $810,000, and an average accounts receivable of $78,000. Its accounts receivable turnover equals:
- XYZ Corporation has credit sales of $10,640,000 and receivales of $1,520,000. What is the receivales turnover and what is the average collection period (days sales outstanding) ?poets inc., has an accounts recevable turnover ratio of 14.50x. what is poets days sales in AR?The financial statements of Langford Manufacturing Company report net sales of $620,000 and accounts receivable of $95,000 at the beginning of the year and $55,000 at the end of the year. What is the accounts receivable turnover for Langford?