about accounting

2007-12-12 6:18 am
the question is '' the company's trade receivables represent 1.6 months sales on average'' so what does it mean ? what is 1.6 months? If i know the sales is 9,000,009, then how to calculate the trade receivable? thx for answering me~

回答 (2)

2007-12-12 6:29 am
✔ 最佳答案
This is about the accounting ratio, the 1.6 months means , 1.6 /12 .....
中文: 銷貨平均的1.6個月每年
90,000,09 X 1.6 / 12
2007-12-12 6:30 am
Sales = 9,000,009/yr
= 9,000,009 / 12 /mth
= 750,000.75/mth

AR = 1.6mths of sales
= 1.6 mths * 750,000.75/mth
= 1,200,001.2
參考: Me


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