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how do i figure out the last part How do i calculate gross ending ar each year D F G Accounts Receivable Turnover Ratio 2014
how do i figure out the last part
How do i calculate gross ending ar each year
D F G Accounts Receivable Turnover Ratio 2014 2015 2016 2017 Gross Sales (after Trade Discounts) 416,713.51 407,642.05 538,691.19 634.827.92 Less: Allowance for Sales Returns (Gross Sales x 4%) 16,668.54 16,305.68 21,547.65 25,393.12 Net Sales 400,044.97 391,336.37 517,143.55 609,434.80 Gross Ending A/R Allowance (Gross A/Rx 1.5%) Net Ending A/R 110,909.87 1,663.65 109,246.22 + > Accounts Receivable Turnover Ratio N/A Step by Step Solution
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