A company reports the following information for the year: Net credit sales $ 120,000 Average accounts receivable 20,000 Cash collections on credit sales 100,000 What is the company's receivables turnover ratio?

Ming chen began a professional practice on june 1 and plans to prepare financial statements at the end of each month. during june, ming chen (the owner) completed these transactions. a. owner invested $61,000 cash in the company along with equipment that had a $25,000 market value. b. the company paid $1,900 cash for rent of office space for the month. c. the company purchased $15,000 of additional equipment on credit (payment due within 30 days). d. the company completed work for a client and immediately collected the $2,100 cash earned. e. the company completed work for a client and sent a bill for $7,000 to be received within 30 days. f. the company purchased additional equipment for $5,500 cash. g. the company paid an assistant $3,000 cash as wages for the month. h. the company collected $5,200 cash as a partial payment for the amount owed by the client in transaction e. i. the company paid $15,000 cash to settle the liability created in transaction c. j. owner withdrew $1,500 cash from the company for personal use. required: enter the impact of each transaction on individual items of the accounting equation. (enter decreases to account balances with a minus sign.)

En major recording acts are able to play at the stadium. if the average profit margin for a concert is $175,000, how much would the stadium clear for all of these events combined?

Much of the demand for u.s. agricultural output has come from other countries. in 1998, the total demand for wheat was qequals3 comma 244minus283p. of this, total domestic demand was upper q subscript upper dequals1700minus107p, and domestic supply was upper q subscript upper sequals1 comma 944plus207p. suppose the export demand for wheat falls by 40 percent. u.s. farmers are concerned about this drop in export demand. what happens to the free-market price of wheat in the united states? the free-market price of wheat in the united states after the drop in export demand is $ nothing. (enter your response rounded to two decimal places.)