subject
Business, 19.03.2021 02:50 TheAndroid

The Monster Truck operates several specialty vehicles that provide hot food and beverages for firms that have workers employed in outlying regions. The company has annual sales of $626,000. Cost of goods sold average 34 percent of sales and the profit margin is 4.7 percent. The average accounts receivable balance is $34,900. On average, how long does it take the company to collect payment for its services? Assume 365 days per year.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 10:20
Blue spruce corp. has the following transactions during august of the current year. aug. 1 issues shares of common stock to investors in exchange for $10,170. 4 pays insurance in advance for 3 months, $1,720. 16 receives $710 from clients for services rendered. 27 pays the secretary $740 salary. indicate the basic analysis and the debit-credit analysis.
Answers: 1
question
Business, 22.06.2019 10:30
The card shoppe needs to maintain 21 percent of its sales in net working capital. currently, the store is considering a four-year project that will increase sales from its current level of $349,000 to $408,000 the first year and to $414,000 a year for the following three years of the project. what amount should be included in the project analysis for net working capital in year 4 of the project?
Answers: 3
question
Business, 22.06.2019 13:30
Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.
Answers: 2
question
Business, 22.06.2019 19:00
Gus needs to purée his soup while it's still in the pot. what is the best tool for him to use? a. potato masher b. immersion blender c. rotary mixer d. whisk
Answers: 2
You know the right answer?
The Monster Truck operates several specialty vehicles that provide hot food and beverages for firms...
Questions
question
Mathematics, 06.01.2020 14:31
question
Mathematics, 06.01.2020 14:31
question
Mathematics, 06.01.2020 14:31
Questions on the website: 13722361