Question
Accounts Recievable........$272,000(January)......$292,000(December) Merchdise Inventory.....$304,000(January).........$319,000(Dec.) Net credit sales............................................$2,300,000(Dec) Cost of Goods sold......................................$1,200,000(Dec) Inventory turnover how many times? Accounts receivable turnover how many times?
Accounts Recievable........$272,000(January)......$292,000(December)
Merchdise Inventory.....$304,000(January).........$319,000(Dec.)
Net credit sales............................................$2,300,000(Dec)
Cost of Goods sold......................................$1,200,000(Dec)
Inventory turnover how many times?
Accounts receivable turnover how many times?
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Managerial Accounting
Authors: Ray H Garrison, Alan Webb, Theresa Libby
11th Canadian Edition
1259275817, 978-1259275814
