Again, refer to the balance sheet to answer the following questions 1 Compute the accounts receivable turnover ratio for the two most recent years Net accounts receivable at the end of 2006 was $2,709 million Youll need this along with the 2007 and 2008 balances to compute the ratios In which year ...

1 Accounts receivable turnover 000 The accounts receivables tur ...

Again, refer to the balance sheet to answer the following questions: 1. Compute the accounts receivable turnover

Question:

Again, refer to the to answer the following questions:
1. Compute the turnover ratio for the two most recent years. Net at the end of 2006 was $2,709 million. You’ll need this along with the 2007 and 2008 balances to compute the ratios. In which year did the company collect receivables the quickest? How can you tell?
2. For the most recent year, how long does it take on average for Intel to collect its Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that... Balance Sheet
Balance sheet is a statement of the financial position of a business that list all the assets, liabilities, and owner’s equity and shareholder’s equity at a particular point of time. A balance sheet is also called as a “statement of financial...