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CHAPTER 8-RECEIVABLES Previous Page 20 of 21 Next Using the following end-of-year information, calculate accounts receivable turnover for Year 2. Year 2: Sales are $82,500;
CHAPTER 8-RECEIVABLES Previous Page 20 of 21 Next Using the following end-of-year information, calculate accounts receivable turnover for Year 2. Year 2: Sales are $82,500; average accounts receivable is $11,000. Year 1: Sales are $78,000; average accounts receivable is $10,000. a. 7.5 O b. 46.8 O c. 48.7 O d. 7.8
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Financial Statements Self Study Guide
Authors: Azhar Ul Haque Sario
1st Edition
979-8223894605
