Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. do it! review 8-4 in 2017, vaughn manufacturing ha

Do It! Review 8-4 In 2017, Vaughn Manufacturing has net credit sales of...

50.1K

Verified Solution

Question

Accounting

image

Do It! Review 8-4 In 2017, Vaughn Manufacturing has net credit sales of $1,480,200 for the year. It had a beginning accounts receivable (net) balance of $100,800 and an ending accounts receivable (net) balance of $113,700 Compute Vaughn Manufacturing's receivables turnover. (Round answers to 1 decimal place, e.g. 12.5.) Accounts receivable turnover times LINK TO TEXT Calculate Vaughn Manufacturing's average collection period in days. (Round answers to 1 decimal place, e.g. 12.5.) Average collection period in days Click if you would like to Show Work for this question: Open Show Work days LINK TO TEXT Question Attempts: 0 of 3 used

Answer & Explanation Solved by verified expert
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!
Become a Member

Other questions asked by students

Psychology
1.2K views

Najiah was delighted when she learned her family was going to the Riyadh festival. When they...

Mechanical Engineering
1.2K views

Explain the following briefly : Redundancy Availability Maintainability

Accounting
1.2K views

Recording Transactions (Including Adjusting and Closing Entries), Preparing Financial Statements, and Performing Ratio Analysis Ben and Kelly...

Geometry
1.2K views

If Billy has a bag of marbles with 10 green marbles 7 blue marbles and...

Basic Math
1.2K views

Write an expression that is equivalent to 3y - 9.A common factor of 3 and...

Basic Math
1.2K views

You can afford a $350 per month car payment. You've found a 4 year loan...

Basic Math
1.2K views

A geneticist needs to grow a stock of fruit flies for her experiments She currently...

Calculus
1.2K views

Remember that showing your work in arriving at solutions is required for all problems Find...

Algebra
1.2K views

Find the difference quotient of f that is find 6x The difference quotient of f...

Accounting
1.2K views

interest on a home equity debt is fully deductible as long the debt is used...

Accounting
1.2K views

At the beginning of 2020, Churchill Corporation issued 10% bonds with a face value of...

Accounting
1.2K views

The Loch Corporation reports the following information for its Eastern Division: Revenue $2,000,000...