Business, 01.07.2019 17:30, kifeak2002
Accounts receivable turnover and days' sales in receivables the campbell soup company manufactures and markets food products throughout the world. the following sales and receivable data (in millions) were reported by campbell soup for two recent years: year 2 year 1 sales $8,082 $8,268 accounts receivable 647 670 assume that the accounts receivable (in thousands) were $635 million at the beginning of year 1. a. compute the accounts receivable turnover for year 2 and year 1. round interim calculations and final answers to one decimal place. year 2: year 1: b. compute the days' sales in receivables at the end of year 2 and year 1. round interim calculations and final answers to one decimal place. use 365 days per year in your calculations. year 2: days year 1: days c. the change in accounts receivable turnover from year 1 to year 2 indicates a(n) in the efficiency of collecting accounts receivable and is a(n) change. the change in the days' sales in receivables indicates a(n) change.
Answers: 1
Business, 22.06.2019 07:30, cecem58
Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $
Answers: 3
Business, 23.06.2019 02:00, mayalp
Here are the expected cash flows for three projects: cash flows (dollars) project year: 0 1 2 3 4 a − 6,100 + 1,275 + 1,275 + 3,550 0 b − 2,100 0 + 2,100 + 2,550 + 3,550 c − 6,100 + 1,275 + 1,275 + 3,550 + 5,550 a. what is the payback period on each of the projects? b. if you use a cutoff period of 2 years, which projects would you accept?
Answers: 2
Accounts receivable turnover and days' sales in receivables the campbell soup company manufactures a...
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