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Accounts receivable (net), end of year $581,300 $488,900 Net sales on account 3,990,500 3,056,500 Terms for all sales are 1/10, n/60. 2015 2014 Compute for
Accounts receivable (net), end of year | $581,300 | $488,900 |
Net sales on account | 3,990,500 | 3,056,500 |
Terms for all sales are 1/10, n/60. |
2015 2014
Compute for each year the accounts receivable turnover. At the end of 2013, accounts receivable (net) was $508,400.
Account receivable turnover 2015 and 2014?
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