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help please The following information is available for Pharoah Company: 2022 2021 Accounts receivable $ 380000 $ 363000 Inventory 287000 365000 Net credit sales 3900750
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The following information is available for Pharoah Company: 2022 2021 Accounts receivable $ 380000 $ 363000 Inventory 287000 365000 Net credit sales 3900750 2611000 1820000 845000 Cost of goods sold Net income 305000 185000 The accounts receivable turnover for 2022 is 10.3 times. 10.5 times. 5.3 times 10.7 times Step by Step Solution
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