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2020 2019 Assets Cash $8,150 16,110 $3,050 9,470 Accounts receivable Inventory 11,550 6,190 14,590 Land Building and equipment 14,590 29,400 $79,800 23,560 Total assets $56,860
2020 2019 Assets Cash $8,150 16,110 $3,050 9,470 Accounts receivable Inventory 11,550 6,190 14,590 Land Building and equipment 14,590 29,400 $79,800 23,560 Total assets $56,860 $8.920 $8,720 1,730 0 2,330 Liabilities and equity Accounts payable Short-term note payable Mortgage payable current Mortgage payable Share capital Retained earnings Total liabilities and equity Other information Sales Cost of goods sold Net income 2,330 20.970 12,000 33,850 23,300 12,000 10,510 $ 79,800 $56,860 $171,730 73,320 23,340 $143.690 70,510 5.740 a anything (ci) X] Your answer is incorrect. Try again. Calculate the company's accounts receivable turnover ratio for 2020. How 2020 14.8 Accounts receivable turnover times X 24.6 Average collection period days LINK TO TEXT By accessing this question Assistance, you will learn while you earn points
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