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Accounts Receivable Analysis A company reports the following: Sales Average accounts receivable (net) $1,314,000 52,560 Determine (a) the accounts receivable turnover and (b) the
Accounts Receivable Analysis A company reports the following: Sales Average accounts receivable (net) $1,314,000 52,560 Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculatio- dollar and final answers to one decimal place. Assume a 365-day year. a. Accounts receivable turnover b. Number of days' sales in receivables days
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
9th edition
978-1285183244, 128518324X, 978-1285779263, 1285779266, 978-1285183237
