Accounts receivable, net $40,000 $42,500 $45,000 Inventory 40,000 50,000 45,000 Current...
50.1K
Verified Solution
Link Copied!
Question
Finance
| Accounts receivable, net | $40,000 | $42,500 | $45,000 |
| Inventory | 40,000 | 50,000 | 45,000 |
| Current assets | 120,000 | 140,000 | 130,000 |
| Total assets, net | 700,000 | 750,000 | 725,000 |
| Current liabilities | 70,000 | 80,000 | 50,000 |
| Cash sales | 400,000 | 420,000 | 450,000 |
| Credit sales | 120,000 | 125,000 | 131,250 |
| Costs of sales | 310,000 | 324,000 | 345,000 |
|
|
What should be the age of receivables in 2014?
Determine the number of days in inventory for 2013.
What is the net working capital turnover for 2014?
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.