RATIO ANALYSIS Bo Sports 2008 net sales, average net trade accounts receivable, and net income were $7,300,000,
Question:
RATIO ANALYSIS Bo Sports’ 2008 net sales, average net trade accounts receivable, and net income were
$7,300,000, $1,655,000, and $745,000, respectively.
Required:
Calculate Bo’s:
. accounts receivable turnover
. net profit margin ratio Exercises Exercise
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