What is the receivable turnover accounting homework help

What is the receivable turnover accounting homework help

3. Calculate the above average collection period- Aguilera corp. has a current accounts receivable balance of $438,720. Credit sales for the year just ended were $5,173,820. What is the receivable turnover? The days sales in receivables? How long did it take on average for credit customers to pay off their accounts during the past year?

7.Dupont identity- If Rooten rooters inc. has an equity multiplier of 1.15, total asset number turnover of 2.10, and a profit margin of 6.1 percent, what is the ROE?

please use the format attached to answer these 2 questions