Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. medwig corporation has a dso of 34 days. the compa

Medwig Corporation has a DSO of 34 days. The company averages $4,000 in sales each...

50.1K

Verified Solution

Question

Accounting

Medwig Corporation has a DSO of 34 days. The company averages $4,000 in sales each day (all customers take credit). What is the company's average accounts receivable? Round your answer to the nearest dollar.

Please do not copy others answers and pay attention to the actual numbers above. Thank you

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: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Budget Surplus: A Case Study A small midwestern city has a $1 million budget surplus. Two...

General Management
Q

Convert the polar equation to a rectangular equation Then use a rectangular coordinate system to...

Basic Math
Q

Does it pay to ask for a raise A national survey of heads of households...

Statistics
Q

line plots below to compare the quiz scores for her first period math class and...

Statistics
Q

Sketch an angle 8 in standard position such that 8 has the least possible positive...

Algebra
Q

1 7 ut a System by Elimination Solve each system by elimination 1 0 6x...

Algebra
Q

The management of Ballard MicroBrew is considering the purchase of an automated bottling...

Accounting
Q

Carson Company manufactures custom, 3- D jigsaw puzzles. In February, Carson produced

Accounting
Q

On January 1, a company issued 4%, 10-year bonds with a face amount of $75...

Accounting
Q

15. General Motors is considering undertaking an investment project in a new electric car called...

Finance
Q

Gabe Industries sells two products, Basic models and Deluxe models. Basic models sell for $42...

Accounting
Q

A fifteen-year bond, which was purchased at a premium, has semiannual coupons. The amount for...

Finance