Free Accounts receivable Essays and Papers

to calculate the real value of accounts receivables and fixed assets. These offsets are called uncollectible accounts receivables and depreciation. In accordance with generally accepted accounting principles (GAAP), there are two methods used to compute the uncollectible accounts receivable expense. Just like uncollectible accounts offset the value of accounts receivables; so do depreciation expenses counteract the value of fixed assets. Also called contra accounts, the journal entries are accumulated

Accounts receivable is money due to the organization from patients and third parties for services that the organization has already provided. Patients are sometimes not billed in a timely manner because the information they provide is inadequate or incorrect. There are also stages to developing a payment such as pre-care, care, and care completing phase. 2. Distinguish the accounts receivable from the revenue cycle. Revenue cycle is a multidisciplinary approach to reducing the amount in accounts

Accounts Receivable Turnover Description: Accounts Receivable (A/R) Turnover tells the firm how fast it is collecting on credit sales. It is found by dividing the firm’s net credit sales by its average net accounts receivable (for this calculation, we assumed that all sales were made on credit). A more helpful metric is the number of days it takes on average to collect on credit sales, which is found using the A/R turnover. The average collection period is found by dividing 365 by the A/R turnover

asset management, it shows how well they use their assets to generate revenue. A gain in revenue does not mean they are making profit, but part of the company’s goal is to maximize profit. The main assets we use to evaluate asset utilization are account receivable, inventory, and fixed asset, cost of goods sold, sales and total asset. Target has been looking for ways to expand. Target’s value proposition is “Expect More. Pay Less.”. This has always been their proposition and it seems to work. Target seems

1.0 Introduction 1.1 Historical background Juicy Sendirian Berhad is a multinational beverage corporation which established by Anderson Chin since year 2002. Anderson Chin selling fresh juices with a stand stall initially. After a few years, fresh juices that he sold become the most popular juices in town. In year 2002, Anderson Chin set up Juicy Sdn Bhd in Bukit Mertajam. The mission of Juicy Sdn Bhd is to bring high quality freshly pressed juices to the consumers. They believe that juice is the

of time required to convert the company's receivables into cash after a sale. It is calculated by dividing accounts receivable by the average daily credit sales. This ratio measures the length of time needed to convert the average sales into cash. This measure defines the relationship between accounts receivable and cash flow. An average collection period and requires greater investment in accounts receivable. Increased investment in accounts receivable means less money available to cover cash outflows

your scantron. VERSION A Page 2 1. As of December 31, Mesa Company has a balance of $5,000 in accounts receivable of which $500 is more than 30 days overdue. Mesa has a credit balance of $45 in the allowance for doubtful accounts. Mesa estimates its bad debts losses at 1% of current accounts and 10% of accounts over thirty days. What adjustment should Mesa make to the allowance for doubtful accounts? A) $95 (credit). B) $55 (credit). C) $50 (credit). D) None, the current balance is correct

Introduction Ajax electronics ' problem is that they have too much accounts receivable, inventory and liabilities, and I recommend them to stop selling defibrillators and focus on industrial sensors, which they will have lower competition and a gross margin up to 40%, and get some with financial and administrative skills on the board or as an manager. Analysis Ajax electronics got into the defibrillator business because Mr.Robert thought he could achieve a gross margin over than 40%, but the numbers

Business Model Analysis of Wal Mart and Sears While both companies belong to the retail industry (where sales of products and services are the source of business), Sears and Wal-Mart have very different business models. Making an analysis of the profitability of the shareholder can be seen that although both companies have similar returns, the source of this return is different. As shown in the table above, both companies have returns on capital near 20%, although the source of profitability differs

point in time, by using the company’s Asset and Debit Equity. The Assets consists of: Current assets are highly liquid (cash, receivables, and inventories), Fixed assets can be capital-intensive assets which are permanent, and other assets can be intangible (patents, copyrights, and goodwill). The Debt and equity consists of: Debt capital which are short-term debt (accounts payable, accrued expenses, and short-term notes) which is repaid within one year, while long-term debt (bank loans) is repaid