Solved: Abc company has annual sales of 628885 the cost of goods, Finance Basics

+44 141 628 6080
[email protected]

Abc company has annual sales of 628885 the cost of goods

ABC Company has annual sales of $628,885. The cost of goods sold are $432,208. The firm has an accounts receivable balance of $15,425 and an accounts payable balance of $31,027. How many days does it take the firm to pay its suppliers? Assume 365 days.

Enter your answer rounded off to two decimal points.

Solution Preview :

Prepared by a verified Expert

Finance Basics: Abc company has annual sales of 628885 the cost of goods

Reference No:- TGS02216424

Now Priced at $10 (50% Discount)

Recommended (92%)

Rated (4.4/5)

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

Concerns regarding his aggressive behavior

A 17-year-old boy with no significant past medical history presents with his parents for concerns regarding his aggressive behavior.

How should one break down the steps in a complex behavior

How should one break down the steps in a complex behavior such that they can be trained using forward or backward chaining?

Describe the origins or history of the mental disorders

1. Describe the origins or history of the mental disorders. 2. Describe the psychological theory or theories that relate to the mental disorders especially in

Design effective real-world strategies

Describe 2 ways in which our knowledge of findings from research on working memory can help us design effective real-world strategies for coping

Ability to form new memories begins painting

A patient who has lost the ability to form new memories begins painting as part of an art therapy class. The patient attends biweekly painting

What animal cognition include

Topics of interest in animal cognition include imagination, theory of mind, planning and self-control. Complex cognition depends on a ''tool kit''

Journal articles focus on treatment of addictive behaviors

Locate several journal articles that focus on the treatment of addictive behaviors. First, choose one of the following interventions:

Solution Preview :

Prepared by a verified Expert

Finance Basics: Abc company has annual sales of 628885 the cost of goods

Reference No:- TGS02216424

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Mba 635- how would organizational leaders apply and use the

Q : Abc company writes 54 checks a day for an average amount of

Q : Abc collects 42 percent of its sales in the month of sale

Q : What is walt disney companys corporate strategy what is

Q : Abc company has annual sales of 628885 the cost of goods

Q : This stolen jewelry would have been fenced by the jewelry

Q : How the author could make the work strongerthe recommend

Q : Imagine you have just been promoted to be the president of

Q : Determine the type of response for each identified risk