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Linden Co.'s net accounts receivable were $5,406 at December 31, 20x1 and $70,520 at December 31, 20x2. Total net sales for 20x2 were $363,336. The
Linden Co.'s net accounts receivable were $5,406 at December 31, 20x1 and $70,520 at December 31, 20x2. Total net sales for 20x2 were $363,336. The accounts receivable turnover for 20x2 was 3. What were Linden's cash sales for 20x2 (round to the nearest whole dollar)
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Fundamentals Of Strategy
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2nd Edition
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