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18) Calculate the accounts receivable (A/R) turnover from the data below. Sales $4,000,000, beginning A/R $ $250,000, Ending A/R $150,000. Show your work and watch
18) Calculate the accounts receivable (A/R) turnover from the data below.
Sales $4,000,000, beginning A/R $ $250,000, Ending A/R $150,000. Show your work and watch your decimals. Properly label your answer.
19) Calculate the number of days in sales in Inventory from the data below:
Beginning Inventory $1,800,000, Ending Inventory $600,000, Average daily cost of Goods sold $12,000. Show your work and watch your decimals. Properly label your answer.
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