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4. Average gross receivables for 2020 equals: (2 Points) * 3007.5 3100 3110 3107.5 5 Accounts receivables turnover for 2020. * Use the following information
4. Average gross receivables for 2020 equals: (2 Points) * 3007.5 3100 3110 3107.5 5 Accounts receivables turnover for 2020. * Use the following information to answer questions (3,4,5) The following data is for Omar's Company for the years ended June 30,2019 and 2020: For 2019: Net Sales = 20,200 End of Year receivables, net = 2850 Beginning of year receivables, net = 2950 For 2020: Net Sales = 21,500 End of year receivables , net = 3200 Allowance for doubtful accounts: End of 2020 = 85 End of 2019 = 80 End of 2018 = 75
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