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What is the term for the average time it takes customers to pay?
The average time it takes for customers to pay is referred to as Days Sales Outstanding. Computing this ratio lets companies know how fast they are turning sales into cash.
What is the internal control procedure for the credit sales?
Usually, the internal control procedure for credit sales is a credit check by the seller. Other methods used for control include an aging of accounts receivable. Returning customers are judged on their ability to pay by how fast they paid in previous transactions.
Accounts receivable turnover ratio?
The Turnover Ratio for A/R means that how often or how fast the customer is paying during a period it can be yearlylet's say:(credit sales) / A/R (balance) = Receivables Turnover10,000 / 1,000 = 10 timesSo 10 times our accounts receivables is turning overduring the year, when we have $10,000 in credit sales per year, and an average A/R balance (it can be monthly) of $1000
How many transactions are handled by ACH Processing each year?
ACH handles over 16 billion transactions each year. ACH is a check processing company. They also offer credit card process, identity verification, and check verification services. ACH can help your company receive payment in a fast and efficient manner.
How much money is made off taxes from fastfood every year?
AnswerThe question would need to be much more refined to be answered.What do you define as fast food? McDonalds, BK, how about a snack bar at Six Flags, or your grocery, or an office building, or a hot dog cart on the corner?What do you define as taxes from it? Income taxes on the business selling it? Sales taxes too? How about payroll taxes on the employees? Property tax, licensing fees, etc?
How long to send a package from New York to Hawaii?
That depends how urgent it is to you or the recipient and how deep you want to reach into your pocketbook. UPS and Fedex love you and will get it there very fast indeed for a price.
How fast does fedex ship?
super slow always use ups!
How does FedEx get its express packages out so fast?
By paying more than the standard delivery. FedEx sends their express packages out on the same day .
How To Reach Puberty Fast?
There is no certain way to reach puberty fast. But a regular and healthy diet , regular exercise may help you to reach it fast.
How much would it coist to send a 25 lb package using FedEx Express?
"The FedEx rates vary, depending on distance, size of package, where the package will be sent from, how fast the package needs to be delivered, and several other factors. There is an area on FedEx's website that allows you to input all this information and get an accurate quote."
How fast is a yz250r dirt bike?
it can reach a speed of 90mph its fast!
How fast does the polaris 500 go?
1 billion mph!!
How fast can horse reach top speed?
race horses can reach 30mph+
What is the maximum speed that a fast bike can reach?
The maximum speed that a fast bike can reach is typically around 200 miles per hour.
How much money do Americans spend on fast food?
In 2012, Americans spent 110,7 billion dollars on fast food. McDonald's sold 27.57 billion dollars while Burger King sold slightly less.
How fast does the polaris outlaw 500 go?
1 billion mph!!
What is fedex fastest service?
FedEx has two pretty fast services which include the following: 1-FedEx Same Day Service: which is available 365 days a year is door to door in just hours throughout all 50 states. (this starts out rate wise at about $173 for an envelope) -or for the packages that need to get there but not as urgent as above- 2-FedEx First Overnight Service: which is delivery to destination next business morning by 0800 or 0830 to most zip codes.
