Chapter 8, Problem 9AP

The Riverfront has sales of $875,600, costs of goods sold of $623,800, inventory of $152,700, and accounts receivable of $85,400. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit? A) 79.52 days B) 89.25 days C) 82.94 days D) 91.45 days E) 80.31 days

what is the amount of direct materials charged to job 567 ?

correct answer

Find the direct materials quantity variance Accounting

What is the return on assets?

Please provide the correct answer to this general accounting problem using accurate calculations.

given correct option with calculation

HELP

At year-end, Simple has cash of $12,000, current accounts receivable of $60,000, merchandise inventory of $37,200, and prepaid expenses totaling $5,200. Liabilities of $24,000 must be paid next year. Assume accounts receivable had a beginning balance of $20,000 and net credit sales for the current year totaled $2,400,000. How many days did it take Simple to collect its average level of receivables? (Assume 365 days/year.)