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A company provided the following information on its financial statements for 2013: What is the company's accounts receivable turnover ratio for 2013? Explain your answer
A company provided the following information on its financial statements for 2013:
What is the company's accounts receivable turnover ratio for 2013? Explain your answer
Dec. 31, Dec. 31 2013 2012 Accounts $150,000 $350,000 Receivable 2012 2013 $620,000 $840,000 Sales Revenue Net Credit Sales$430,000 $720,000 Cost of Goods Sold $280,000 $360,000Step by Step Solution
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Message Brand And Dollars Auditing Marketing Operations
Authors: J. Mike Jacka, Peter R. Scott
1st Edition
163454000X, 9781634540001
