Maurice Tutor

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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 30 Oct 2017 My Price 8.00

owner of Williams Produce,

Mr. Williams, the owner of Williams Produce, wants to maintain control over accounts receivable. He understands that days’ sales in receivables and accounts receivable turnover will give a good indication of how well receivables are being managed. Williams Produce does 60% of its business during June, July, and August. Mr. Williams provided the following pertinent data:

Required

a. Compute the days’ sales in receivables for July 31, 2011, and December 31, 2011, based on the accompanying data.

b. Compute the accounts receivable turnover for the period ended July 31, 2011, and December 31, 2011. (Use year-end gross receivables.)

c. Comment on the results from (a) and (b).

 

Answers

Maurice Tutor
(5)
Status NEW Posted 30 Oct 2017 10:10 PM My Price 8.00

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