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Accounts receivable end of year 2014 =500000 year-2013=475000 year-2012 =440000 Net sales on account year 2014=3412500 year-2013=2836500 For 2013 and 2014 determine the accounts receivable
Accounts receivable end of year 2014 =500000 year-2013=475000 year-2012 =440000
Net sales on account year 2014=3412500 year-2013=2836500
For 2013 and 2014 determine the accounts receivable turnover and the number of days sales in receivable. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365 day year?
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