There are three steps you should take to calculate average gross receivable. First, figure out your average figures during a gross period, Next, figure out the total amount of sales tax for a period. Finally, divide the net amount of credit sales with the average gross amounts to find your total.
you have to take at first Account Recievable plus Allowance for doubtful ex: Accoun Receivable = 1807 Allowance for Doubtful = 100 Gross Receivable 1907 any question in Accounting : aziz4z@hotmail.com
Average gross accounts recievable is the beginning balance for accounts recievable and the ending balance for A/R divided by two.
u cannot calculate without sales or revenue. STUPID
the formular to calculate GDP is addition of consump,investment,government spending,export with import subtracted from the total. by ndubuisi chimdindu .
Total net income divided by gross potential rent
the formula of calculating account receivable turnover = Net Sales/ average gross receivable
Answer:To calculate the average, add beginning accounts receivable and ending accounts receivable, and divide it by 2.
you have to take at first Account Recievable plus Allowance for doubtful ex: Accoun Receivable = 1807 Allowance for Doubtful = 100 Gross Receivable 1907 any question in Accounting : aziz4z@hotmail.com
Net Sales / Average Accounts Receivable = Account Receivable Turnover
(Average Accounts Receivable) / (Sales X 360 days)
Average gross accounts recievable is the beginning balance for accounts recievable and the ending balance for A/R divided by two.
what is average account receivable
First calculate A/R turnover: A/R Turnover = Sales/ Average A/R A/R days outstanding = Amt. of days in a year (could be 360 or 365 depending on problem) divided by A/R turnover In short, A/R outstanding = 365/accounts receivable turnover.
Average operating assets is the average amount of liquid assets available. This relies very heavily on cash flow which includes accounts payable and accounts receivable. Since these numbers fluctuate, the average is the most meaningful working figure.
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Calculating gross living area can be a simple process. To calculate gross living area multiply the dimensions of the area together.
Gross Profit/Net Sales = Gross Profit Margin.