Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. serorobetse ltd has a current ratio of 2.0 for the

serorobetse ltd has a current ratio of 2.0 for the year just ended .current assets...

90.2K

Verified Solution

Question

Accounting

serorobetse ltd has a current ratio of 2.0 for the year just ended .current assets consisted of $10 million in inventory and current liabilities of $15 million .The company gives on average of 36.5 days credit to it's customers .

calculate the annual credit sales of the company

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

Basic Math
1.2K views

0 A radiu 7 A radius of 2 millimeters and a central angle of 6...

Chemistry
1.2K views

Calculate the volume of each gas sample at STP. Part A 51.1 g He Part B 47.0 g Xe Part...

Medical Sciences
1.2K views

Why has it been so difficult for neuropsychologists to discover the functions of the right hemisphere?

General Management
1.2K views

1. Sports Gear Manufacture decided five years ago to pay for its products liability losses out...

Basic Math
1.2K views

Solve a Consumers or Producers Surplus Problem A sports watch has a price demand equation...

Basic Math
1.2K views

To estimate the number of manatees in Florida waters, 180 are tagged. A few months...

Calculus
1.2K views

Find the Taylor series for f x sin x centered at a EIN

Algebra
1.2K views

11 4log 12 9n 9 1 1 In 5x 8 In 7 4 10 log...

Accounting
1.2K views

W5 A3 5 - 6 5. In November, the Universal Solutions Division of Keaffaber Corporation...

Accounting
1.2K views

Fill in the missing data for each of the following independent cases. (Ignore income taxes.)...

Accounting
1.2K views

3. One of the following is enhancing quality (2 Points) Neutrality Relevance Verifiability Predictive value

Accounting
1.2K views

This year, Agustins distributive share from Eden Lakes Partnership includes $5,000 of interest income, $5,000...