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1. Compute the accounts receivable turnover ratios and the number of days' sales in receivables ratios for 2018 and 2019 (round answers to two decimal
1. Compute the accounts receivable turnover ratios and the number of days' sales in receivables ratios for 2018 and 2019 (round answers to two decimal places). What do the outcomes tell a potential investor about Vortex Computing if industry average for accounts receivable turnover ratio is 4 times and days' sales in receivables ratio is 85 days? 2. SNK Corp. produces advertising videos. During the current year ending December 31 , SNK a. Determine for each note: i. the due date and ii. the amount of interest due at maturity, identifying each note by number. b. Journalize the entry to record the dishonor of Note (3) on its due date. c. Journalize the adjusting entry to record the accrued interest on Notes (5) and (6) on December 31 . d. Journalize the entries to record the receipt of the amounts due on Notes (5) and (6) on their maturity dates
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