Question
eBook Show Me How Question Content Area Accounts Receivable Analysis A company reports the following: Sales $1,410,360 Average accounts receivable (net) 67,160 Determine (a) the
eBook
Show Me How
Question Content Area
Accounts Receivable Analysis
A company reports the following:
| Sales | $1,410,360 |
| Average accounts receivable (net) | 67,160 |
Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year.
| a. Accounts receivable turnover | fill in the blank 1 |
| b. Number of days' sales in receivables | fill in the blank 2 days |
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Life Audit Journal What Is My Why
Authors: A S
1st Edition
B08F6TXV7Z, 9798672209692
