Accounts receivable analysis Obj. 3 A company reports the following: Sales $832,000 Average accounts receivable (net) 80,000

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Accounts receivable analysis Obj. 3 A company reports the following:

Sales $832,000 Average accounts receivable (net) 80,000 Determine

(a) the accounts receivable turnover and

(b) the number of days’ sales in receivables.

Round to one decimal place.

AppendixLO1

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Corporate Financial Accounting

ISBN: 9781337398176

15th Edition

Authors: Carl Warren, Jefferson Jones

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