Key figures for Samsung follow. 1. Compute Samsungs accounts receivable turnover for the current year. 2. In
Question:
Key figures for Samsung follow.
1. Compute Samsung’s accounts receivable turnover for the current year.
2. In the current year, does Samsung’s accounts receivable turnover underperform or outperform the industry (assumed) average of 7?
Transcribed Image Text:
$ millions Current Year One Year Prior Accounts receivable, net ... $ 30,144 $ 29,060 ... Sales ... 197,691 209,163
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