Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. in 2019, ace hardware reported the following on it

In 2019, Ace Hardware reported the following on its financial statements: Net Income = $11,121...

70.2K

Verified Solution

Question

Finance

image

In 2019, Ace Hardware reported the following on its financial statements: Net Income = $11,121 Accounts Payable = $7,755 Cash = $1,778 COGS = $71,043 Accounts Receivable = $1,936 Other Short Term Liabilities =$6,566 Short Term Debt = $2,395 Taxes = $3,435 Inventories = $13,925 Dep & Amort Expense = $1,870 Equity = $1,878 SG& A Expense = $19,760 Other Current Assets = $890 Interest = $974 Long Term Debt = $26,807 What is Ace Hardware's 2019 accounts receivable days? Round to whole numbers, so if your response is 123.54 days, enter 124

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

Mechanical Engineering
1.2K views

A large bank established X-Bar and R charts for the time required to process applications for...

Economics
1.2K views

9. If the Price of a related good A changes, then for good B stay on...

Biology
1.2K views

British Literature S2 MI Drama Lesson 155 The witches appear unruly and unkept All changes...

Physics
1.2K views

A particle moves along x axis with speed 6 m s for the first half...

Accounting
1.2K views

Boarder sells a snowboard, the xpert, that is popular with the snowman enthusiasts. Information relating...

Accounting
1.2K views

A firm has $680 In inventory, 52,140 in fixed assets, $210 In accounts receivables, $250...

Accounting
1.2K views

Required information PR 10-47 (Algo) Comprehensive Problem on Variance Analysis (LO 10-1, 10-3, 10-6) [The...

Accounting
1.2K views

Analyze how for-profit and non-profit health-care companies differ in terms of financial structures.

Accounting
1.2K views

Based on the 2022 tax rules In September 2022, Callie acquired an asset for...

Accounting
1.2K views

I need some help with the cash flow 2017 for this assignment. this is what...

Accounting
1.2K views

The expected average rate of return for a proposed investment of $646,000 in a fixed...

Accounting
1.2K views

Under what circumistances is it advantageous for a comparty competing in foreign markets to d...