MathMaster logo

MathMaster

  1. Home
  2. general
  3. a company sold a total value of 540 000 00 in 2009 and had 30 000 00 in accounts receivable on 12 31 2009 what is the pmrv
Question

A company sold a total value of 540,000.00 in 2009 and had 30,000.00 in accounts receivable on 12/31/2009, what is the PMRV?

219

likes
1093 views

Answer to a math question A company sold a total value of 540,000.00 in 2009 and had 30,000.00 in accounts receivable on 12/31/2009, what is the PMRV?

Expert avatar
Nash
4.9
87 Answers
1. Identify the relevant figures for calculation: Accounts Receivable = \$30,000.00 and Total Sales = \$540,000.00.

2. Use the PMRV formula: \text{PMRV} = \left( \frac{\text{Accounts Receivable}}{\text{Total Sales}} \right) \times 100

3. Plug in the values: \text{PMRV} = \left( \frac{30,000}{540,000} \right) \times 100

4. Calculate the fraction: \frac{30,000}{540,000} = \frac{1}{18} = 0.0556

5. Multiply by 100 to convert to a percentage: 0.0556 \times 100 = 5.56\%

The PMRV is 5.56%.

Frequently asked questions (FAQs)
What is the radian measure of the angle at -pi/4 on the unit circle?
+
What is the value of 2 raised to the power of 5, divided by the cube root of 27?
+
Math question: What is the value of log base 2 of the product of two numbers (x and y) when log base 2 of x is 4 and log base 2 of y is -2?
+
New questions in Mathematics
Two fire lookouts are 12.5 km apart on a north-south line. The northern fire lookout sights a fire 20° south of East at the same time as the southern fire lookout spots it at 60° East of North. How far is the fire from the Southern lookout? Round your answer to the nearest tenth of a kilometer
Additionally, the boss asked Armando to determine how many toy sales branches he would have in the fifteenth year, knowing that the first year they started with two branches, by the second they already had 5 branches and, by the third year, they had 8 branches. From the above, determine the number of branches it will have for the fifteenth year.
6. Among 100 of products there are 20 rejects. We will randomly select 10 of products. The random variable X indicates the number of rejects among the selected products. Determine its distribution.
In a store there are packets of chocolate, strawberry, tutti-frutti, lemon, grape and banana sweets. If a person needs to choose 4 flavors of candy from those available, how many ways can they make that choice?
Find the measures of the sides of ∆KPL and classify each triangle by its sides k (-2,-6), p (-4,0), l (3,-1)
The director of a company must transfer 6 people from the human resources department to the sales department, in order to sustain sales during the month of December. What is the probability that he will transfer only 2 of them?
4x-3y=5;x+2y=4
The beta of a company is 1,41 and its cost of equity 18,95%. What is then the market risk premium if the risk free rate is 0,94%? (in %, 2 decimal places)
Determine the general equation of the straight line that passes through the point P (2;-3) and is parallel to the straight line with the equation 5x – 2y 1 = 0:
Is -11/8 greater than or less than -1.37?
If X1 and X2 are independent standard normal variables, find P(X1^2 + X2^2 > 2.41)
The points (-5,-4) and (3,6) are the ends of the diameter of the circle calculate subequation
For what values of m is point P (m, 1 - 2m) in the 2⁰ quadrant?
Let f and g be defined in R and suppose that there exists M > 0 such that |f(x) − f(p)| ≤ M|g(x) − g(p)|, for all x. Prove that if g is continuous in p, then f will also be continuous in p.
17. A loan for $104259 is taken out for 10 years with an annual interest rate of 9.4%, compounded quarterly. What quarterly payment is required to pay the loan off in 10 years? Enter to the nearest cent (two decimals). Do not use $ signs or commas in the answer.
Kaya deposits 25,000 into an account that earns 3% interest compounded monthly. How much does Kaya have in the account after 6 years 8 months? Round to the nearest cent. 32,912.50 30,000 29,923.71 30,527.45
The area bounded by the curve y=ln(x) and the lines x=1 and x=4 above the x−axis is
6(k-7) -2=5
Find the distance from the point (2,-1) to the line 2x-5y+10=0
An invoice for €2,880 plus default interest of €48.40 was paid on October 28th. Interest rate 5.5%. When was the bill due?

You might be interested in