Question
Based on the following data, what is the accounts receivable turnover? Sales on account during year $498,968 Cost of goods sold during year 185,387
Based on the following data, what is the accounts receivable turnover? Sales on account during year $498,968 Cost of goods sold during year 185,387 Accounts receivable, beginning of year 48,910 Accounts receivable, end of year 47,581 Inventory, beginning of year 97,003 Inventory, end of year 108,716 Oa. 10.3 Ob. 4.6 Oc. 2.7 Od. 10.2
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
5th edition
9780133851281, 013385129x, 9780134077321, 133866297, 133851281, 9780133851298, 134077326, 978-0133866292
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