Question
Kelly Inc. sold $930,000 worth of goods in the year 2013, out of which $820,000 was on credit. Accounts receivable at the beginning of the
Kelly Inc. sold $930,000 worth of goods in the year 2013, out of which $820,000 was on credit. Accounts receivable at the beginning of the year amounted to $95,000 and $115,000 at the end of the year. What will be Kelly's accounts receivable turnover for the year?
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Financial Accounting A Critical Approach
Authors: John Friedlan
4th edition
1259066525, 978-1259066528
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