JPJ Corp has sales of $ 1.07 million, accounts receivable of $ 55 comma 000,...

80.2K

Verified Solution

Question

Finance

JPJ Corp has sales of $ 1.07 million, accounts receivable of $ 55 comma 000, total assets of $ 5.08 million (of which $ 3.24 million are fixed assets), inventory of $ 141 comma 000, and cost of goods sold of $ 594 comma 000. What is JPJ's accounts receivable days? Fixed asset turnover? Total asset turnover? Inventory turnover?

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