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7. The following information is available from Seattle's Bucks Coffee's financial records for 20X1: Sales: Net credit sale Net cash sales Accounts receivable: Balance, January
7. The following information is available from Seattle's Bucks Coffee's financial records for 20X1: Sales: Net credit sale Net cash sales Accounts receivable: Balance, January 1, 20X1 Balance, December 31, 20X1 P 500,000 250,000 750,000 75,000 50,000 How many times did the company's accounts receivable turn over in 20X1? Ans
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