Recent Posts • Latest Topics • Unanswered Questions

Natcher Corporations accounts receivable at the end of Year 2 was $126,000 and its accounts ...

florida1014

wrote...

Go to Answer

Posts: 141

Rep:

9 months ago

Natcher Corporations accounts receivable at the end of Year 2 was $126,000 and its accounts ...

Natcher Corporation’s accounts receivable at the end of Year 2 was $126,000 and its accounts receivable at the end of Year 1 was $130,000. The company’s inventory at the end of Year 2 was $127,000 and its inventory at the end of Year 1 was $120,000. Sales, all on account, amounted to $1,380,000 in Year 2. Cost of goods sold amounted to $800,000 in Year 2. The company’s operating cycle for Year 2 is closest to:(Round your intermediate calculations to 2 decimal places.)

▸ 44.7 days

▸ 17.3 days

▸ 62.8 days

▸ 90.2 days

Textbook

Introduction to Managerial Accounting: Brewer Edition: 9e

Edition: 9^th

Authors: Brewer, Garrison, Noreen

Read 53 times

1 Reply

Report

Replies

Answer verified by a subject expert

nalsaidy

wrote...

Posts: 146

Rep:

9 months ago

More solutions for this book are available here

Report

Related Topics

florida1014 Author

wrote...

9 months ago

Thanks

GeorgeNeist

wrote...

Yesterday

Thanks

Ifekwunigwe

wrote...

2 hours ago

This helped my grade so much Perfect

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1259 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Related Images

607

340

5499

Your Opinion

Previous poll results: Which 'study break' activity do you find most distracting?

Bonobos, Chimpanzees, and the 98% DNA Link

Strange Ingredients Lurking in Doritos Chips

It's sore throat season, why does my mucus have red spots?

The Toxic Skin and Fungi Defense

Courses by Biology Forums

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.