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Comparative calendar-year financial data for a company are shown bele ratios for the company for 2016: (a) accounts receivable turnover (b) day's sales uncollected (c)
Comparative calendar-year financial data for a company are shown bele ratios for the company for 2016: (a) accounts receivable turnover (b) day's sales uncollected (c) inventory turnover (d) days' sales in inventory 2016 2015 Sales $720,000 $607,500 450,000 Cost of goods sold Operating expenses 382,700 vo 168,500 134,900 Net income 51,200 51,700 December 31, December 31, 2016 2015 udo Accounts receivable (net) $157,500 $162,500 Inventory 139,500 110,500 Total assets 1,012,500 944,800 8) Martinez Comnany maker lontho
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