Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 398 Weeks Ago, 1 Day Ago
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Education

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

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 06 Apr 2018 My Price 9.00

Zipper Corporation

(e) Ratio Analysis Zipper Corporation reported the following condensed income statement for 2015 Sales $6,000,000 Cost of goods sold 4,200,000 $1,800,000 Gross profit -1,500,000 Less expenses Net income before taxes $300,000 120,000 Less income taxes $180,000 Net income after taxes Assume the following: $700,000 Average inventory Average accounts receivable $1,200,000 Average accounts payable $300,000 (Use 365 days a year) Compute the following (Round answers to 2 decimal places, e.g. 52.75.) Inventory turnover Accounts receivable turnover Average number of days to sell an item Average number of days to collect an account receivable Number of days in operating cycle times times days days days

Zipper Corporation reported the following condensed income statement for 2015: Compute the following: (Round answers to 2 decimal places, e.g. 52.75.) Inventory turnover times Accounts receivable turnover times Average number of days to sell an item days Average number of days to collect an account receivable days Number of days in operating cycle days

Answers

Maurice Tutor
(5)
Status NEW Posted 06 Apr 2018 05:04 PM My Price 9.00

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