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› Accounting. Two questions need in 8 hours
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Accounting. Two questions need in 8 hours
Date Posted:
18/12/2016
Category:
Mathematics
Due Date:
19/12/2016
Instruction
Accounting. Two questions need in 8 hours
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Bidders
genious
9 years, 9 months ago
Rated 8.48 earned 4442.00 around 174 assignments.
hello
$30.00
Hi. Once you complete it, I can check to see if it is correct before I submit it. Can you complete it within 8 hours?
User_9962 | Dec 18, 2016, 03:20 AM
yes i will
genious | Dec 18, 2016, 03:21 AM
Just assigned it to you. Thanks.
User_9962 | Dec 18, 2016, 03:23 AM
welcome
genious | Dec 18, 2016, 03:24 AM
How is it coming along?
User_9962 | Dec 18, 2016, 11:35 AM
great
genious | Dec 18, 2016, 12:05 PM
When do you think you will finish?
User_9962 | Dec 18, 2016, 13:20 PM
question 2 Average collection period = percentage of discount taken* Number of days + percentage of no discount taken * full payment days Average collection period = 50%*10 days + 50%*90 days = 5 days + 45 days = 50 days. Therefore, the average collection period is 50 days.
genious | Dec 18, 2016, 13:22 PM
am almost
genious | Dec 18, 2016, 13:23 PM
The Z score is wrong. The program lets me check my work before I submit.
User_9962 | Dec 18, 2016, 13:25 PM
what about z score 3.477
genious | Dec 18, 2016, 13:29 PM
yes that is correct
User_9962 | Dec 18, 2016, 13:30 PM
am almost done
genious | Dec 18, 2016, 13:31 PM
Receivables turnover 2 times
genious | Dec 18, 2016, 13:38 PM
shows not correct
User_9962 | Dec 18, 2016, 13:39 PM
2.000
genious | Dec 18, 2016, 13:41 PM
nope
User_9962 | Dec 18, 2016, 13:42 PM
let me figure out why there are two left right?
genious | Dec 18, 2016, 13:43 PM
yes. just the two
User_9962 | Dec 18, 2016, 13:46 PM
I have to get some sleep in about 15 minutes, so if you don't hear back from me you know why
User_9962 | Dec 18, 2016, 14:15 PM
it is 7.3 times, so now we just need the last one of average receviables
User_9962 | Dec 18, 2016, 14:26 PM
the companies average receivables is 710273.9726 or 710273.973
genious | Dec 18, 2016, 17:20 PM
sorry i had a power black out
genious | Dec 18, 2016, 17:20 PM
please find attached the answer
genious | Dec 18, 2016, 17:38 PM
so the correct answer for the last one is 710274 or 710273.973
genious | Dec 18, 2016, 17:41 PM
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