Accounts receivable analysis OBJ. 2 A company reports the following: Sales $3,150,000 Average accounts receivable (net) 210,000
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Accounts receivable analysis OBJ. 2 A company reports the following:
Sales $3,150,000 Average accounts receivable (net) 210,000 Determine
(a) the accounts receivable turnover and
(b) the number of days’ sales in receivables. Round to one decimal place.
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Related Book For
Financial And Managerial Accounting
ISBN: 9781305267831,9781305267848
13th Edition
Authors: Carl S. Warren , James M. Reeve , Jonathan Duchac
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