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6. (5 points) The following data exist for Conner Company: 20x8 20x7 Accounts Receivable Sales S80,000 90,000 522,000 410 500 Calculate the receivable turnover and
6. (5 points) The following data exist for Conner Company: 20x8 20x7 Accounts Receivable Sales S80,000 90,000 522,000 410 500 Calculate the receivable turnover and the average days' sales uncollected for 20x8. 14: (Spoints) Use the following figures (stated in millions of dollars) to compute the inventory turnover and the days' inventory on hand: Cost of goods sold: Beginning inventory: Ending inventory: $6,584 $915 $1,177 a. Inventory turnover b. Days' inventory on hand
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