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Exercise 8-17 (Part Level Submission) Skysong, nc. had accounts receivable of $150 000 on January 1 2019. The only transactions that affected accounts recer able
Exercise 8-17 (Part Level Submission) Skysong, nc. had accounts receivable of $150 000 on January 1 2019. The only transactions that affected accounts recer able durin 2019 were net credit sales of s o cash collecti so s 78 0 and accounts written o ts 00 Your answer is correct. Compute the ending balance of accounts receivable. Ending balance of accounts receivable 200,000 Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 1 of 3 used El Your answer is correct. Compute the accounts receivable turnover for 2019. (Round answer to o decimal places, e.g. 25.) Accounts receivable turnover Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION SHOW ANSWER LINK TO TEXT Attempts: 1 of 3 used Compute the average collection period in days. (Round answer to 1 decimal place, e.g. 2.5. Use 365 days for calculations.) Average collection period Click if you would like to Show Work for this question: days
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