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# Ratios: Average Collection Period (Days Sales Outstanding) Solutions Library

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6 solutions

Ratios: Average Collection Period (Days Sales Outstanding)

#### Q. ABC Company reported net sales revenue of \$2,880,000 during 2005 and an average collection period of 45.625 days. ABC Company reported accounts rec...

Solved • Jul 28, 2017

Ratios: Average Collection Period (Days Sales Outstanding)

#### Q. Consider the following financial data for Steve’s Pool Supply: Calculate Steve’s average collection period for accounts receivable. a. 125.5 days...

Solved • Jul 24, 2017

Ratios: Average Collection Period (Days Sales Outstanding)

#### Q. Braswell &amp; Associates has a DSO of 52 days, and its annual sales are \$8,600,000.  What is its accounts receivable balance?  Assume it uses a 36...

Solved • Jul 24, 2017

Ratios: Average Collection Period (Days Sales Outstanding)

#### Q. Consider the following financial data for Steve’s Pool Supply: Calculate Steve’s average collection period for accounts receivable. a. 374.5 days...

Solved • Jul 24, 2017

Ratios: Average Collection Period (Days Sales Outstanding)

#### Q. Braswell Associates has a DSO of 52 days, and its annual sales are \$8,600,000.  What is its accounts receivable balance?  Assume it uses a 365-day ...

Solved • Jul 24, 2017

Ratios: Average Collection Period (Days Sales Outstanding)

#### Q. A company has the following data: sales \$500,000, cost of goods sold \$200,000, operating expenses \$100,000, average inventory \$8,000, and accounts ...

Solved • Jul 18, 2017