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07 The following information is available for Ivanhoe Products 2014 2013 Accounts receivable $51.000 $63.600 459,240 498.800 Cost of goods sold Inventory lendina 44.720 58480
07 The following information is available for Ivanhoe Products 2014 2013 Accounts receivable $51.000 $63.600 459,240 498.800 Cost of goods sold Inventory lendina 44.720 58480 Net cash provided by operating activities 189.200 146.200 Net sales 766,346 808.400 Capital expenditur 34-400 32680 Dividends 20.898 27.520 Compute the following for 2014: (Round answers to I decimal place, . 52.7. Use 365 days for calculation times Accounts receivable turnover 23 134 days Average collection period
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