Aguilera corp has a current accounts receivable balance of, Ask an Expert

Economics

Aguilera Corp. has a current accounts receivable balance of $337,500. Credit sales for the year just ended were $4,833,000.

What is the company's receivables turnover? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Receivables turnover times

What is the company's days' sales in receivables? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Days' sales in receivables days

How long did it take on average for credit customers to pay off their accounts during the past year? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.)

Average collection period days

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Macroeconomics, Economics

Category:- Macroeconomics
Reference No.:- M92311658

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