WebHulkster's 2011 average collection period is:A. 73 days.B. 104 days.C. 109 days.D. 128 days. 125. Hulkster's 2011 average days in inventory is (round your final answer):A. 61 … Web31 dec. 2024 · 203) Excerpts from Hulkster Company'sDecember 31, 2024 and 2024, financialstatements are presented below: Accounts receivable Merchandise inventory Net sales Cost of goods sold Total assets Total shareholders' equity Net income Hulkster's 2024 average collection periodis: A) 144 days.B) 87 days.C) 149 days.D) 178 days. …
Did you know?
WebBased upon this information, the company’s a. working capital has increased. b. average collection period has decreased. c. percentage discount offered has decreased. d. accounts receivable turnover has decreased. 11. The average collection period for a firm measures the number of days. a. before a typical account becomes delinquent. b. Web31 dec. 2024 · Hulkster's 2024 average days in inventory is (rounded): (Round your intermediate calculations to 2 decimal places.) Multiple Choice 68 days. 134 days. 144 days. 113 days. Expert Solution Want to see the full answer? Check out a sample Q&A here See Solution star_border Students who’ve seen this question also like:
Web31 dec. 2024 · Excerpts from Hulkster Company's December 31, 2024 and 2024, financial statements are presented below: 2024 2024 Accounts receivable Merchandise inventory … Web31 dec. 2024 · Excerpts from Hulkster Company's December 31, 2024 and 2024, financial statements are presented below: Accounts receivable Merchandise inventory Net sales …
WebA: The question is based on the concept of Financial Accounting. Q: The sales and profit for two years are as below: Sales Profit 2024 60000 17000 2024 90000 32000…. A: Total cost = Sales - profit 2024 = 60000 - 17000 = 43000 2024 = 90000 - 32000 = 58000. Q: Assuming your fixed cost per year are $10,000 are you making enough profit to pay ... WebKey Takeaways. The average collection period is the time a business takes to convert its trade receivables (debtors) to cash. The formula for calculating the average collection …
Web4 mrt. 2024 · Excerpts from Hulkster Company's December 31, 2024 and 2024, financial statements are presented below: 2024 2024 Accounts receivable $ 40,000 $ 36,000 Merchandise inventory $ 28,000 35,000 Net sales 190,000 186,000 Cost of goods sold 114,000 108,000 Total assets 425,000 405,000 Total shareholders' equity 240,000 …
Web31 dec. 2024 · Excerpts From Hulkster Company's December 31, 2024 And 2024, Financial Statements Are Presented Below: Accounts Receivable Merchandise Inventory Net … como aprender ingles por internetWeb31 dec. 2024 · Answer to Excerpts from Hulkster Company's December 31, 2024 and 2024,... Expert Help. Study Resources. ... Receivables turnover determines the efficiency of a business in collecting its credit ... the better the company. Receivables turnover=Net Credit Sales/ Average Accounts Receivable Net Credit Sales=$194,000. Average … eat beat thriveWebThe amount of electrical and electronic equipment put on the market in the EU evolved from 7.6 million tonnes in 2012 to a peak of 12.4 million tonnes in 2024. Within this period, … como aprender ingles online gratisWeb31 dec. 2024 · 2024 2024Accounts receivable$77,000 $54,000 Merchandise inventory 46,000 71,000 Net sales 312,000 307,000 Cost of goods sold 150,000 126,000 Total assets 461,000 423,000 Total shareholders' equity ... Hulkster's 2024 average collection period is: Multiple Choice. 77 days. 158 days. 161 days. 163 days. Accounting Business … eat beat stealWeb31 dec. 2024 · Excerpts from Hulkster Company's December 31, 2024 and 2024, financial statements are presented below: 2024 2024 Accounts receivable Merchandise inventory Net sales Cost of goods sold Total assets Total shareholders' equity $78,000 $ 55,000 47,000 73,000 305, 900 300, 000 152, 000 127, 000 463, 000 424,000 278,000 244,000 Net … comoare acca with cpaWeb31 dec. 2024 · Transcribed image text: Excerpts from Hulkster Company's December 31, 2024 and 2024, financial statements are presented below: Accounts receivable … eatbeautiful.net combined printableWeb7 apr. 2024 · excerpts from hulkster company's december 31, 2024 and 2024, financial statements are presented below: 2024 2024 accounts receivable $ 60,000 $ 46,000 - 15577960 como aplicar sangria en word formato apa