Waldron inc. is considering selling to a group of new customers that will bring in credit sales of $24,000 with a return on sales of 5%. the only new investment will be in accounts receivable. waldron has a turnover ratio of 6 to 1 between sales and accounts receivable. what is waldron inc.'s expected return on investment?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Waldron inc. is considering selling to a group of new customers that will bring in credit sales of $24,000 with a return on sales of 5%. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Luana loves shopping for clothes, but considering the state of the economy, she has decided to start saving. At the end of each year, she will deposit $570 in her local bank, which pays her 6% annual interest.
Answers (1)
Which of the following statements concerning research and development is correct? a. Exploratory research is directed toward commercialization of a new technology. b. Development research is more important than exploratory research. c.
Answers (1)
The effect of corruption and fraud in a country
Answers (1)
Suppose that the total benefit to any one person (all people are identical) of a fireworks display is, where g is the dollar amount of fireworks (thus the marginal cost of $1 worth of fireworks is $1).
Answers (1)
On Feb 10, Amara Inc. sold goods to a customer for $8,000 with credit terms 2/10, n/30. The company uses the net method of accounting for sales discounts.
Answers (1)
New Questions in Business
Which of the following is NOT one of the four distinct eras in the evolution of marketing? A. Relationship Era B. Sales Era C. Triple-Bottom-Line Era D. Social Media Era E. Production Era
Answers (1)
The auditors' report on the entity's financial statements included an additional paragraph disclosing a difference of opinion between the auditors and the entity for which the auditors believed an adjustment to the financial statements should be
Answers (1)
A favorable balance of trades exists when a country A. has more debt liabilities than assets B. spends more than it saves C. saves more than it spends D. exports more than it imports
Answers (1)
Promotions that are designed to increase product availability in distribution channels are known as: sampling. sweepstakes promotion. trade sales promotion. price promotion. nonprice promotion.
Answers (1)
Boretti has $400,000 in a stock fund. The fund pays a 10% return, compounded annually. If he does not make another deposit into the account, how long will it take for the account to increase to $2 million? (Do not round intermediate calculations.
Answers (1)