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MINIE Enterprise had net credit sales of RM800,000 and cost of goods sold of RM500,000 for the year. The Accounts Receivable balances at the beginning
MINIE Enterprise had net credit sales of RM800,000 and cost of goods sold of RM500,000 for the year. The Accounts Receivable balances at the beginning and end of the year were RM60,000 and RM70,000, respectively. The accounts receivable turnover was 7.7 times B. 4.6 times 11.4 times D. 12.3 times
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