Maurice Tutor

(5)

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
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: 402 Weeks Ago, 4 Days 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 > Accounting Posted 12 Aug 2017 My Price 4.00

Contemporary Media Sign Company

Contemporary Media Sign Company sells on account. Recently, Contemporary reported the following figures:
2012 2011
Net sales. . . . . . . . . . . . . . . . . . . . . . . $ 572,000 $600,000
Receivables at end of year . . . . . . . . . 38,700 46,100
Requirements
1. Compute Contemporary’s average collection period on receivables during 2012.
2. Suppose Contemporary’s normal credit terms for a sale on account are ?o2/10, net 30.?? How well does Contemporary’s collection period compare to the company’s credit terms? Is this good or bad for Contemporary?

Answers

Maurice Tutor
(5)
Status NEW Posted 12 Aug 2017 05:08 PM My Price 4.00

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