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NET SALE=$12,366 COGS= $8,123 GROSS MARGIN=4,243 Beginning Accounts Receivable (2023): Approximately $117 million1. Ending Accounts Receivable (2023): Approximately $71 million1.:Compute the accounts receivable turnover ratio
NET SALE=$12,366 COGS= $8,123 GROSS MARGIN=4,243 Beginning Accounts Receivable (2023): Approximately $117 million1. Ending Accounts Receivable (2023): Approximately $71 million1.:Compute the accounts receivable turnover ratio and the number of days sales in accounts receivable
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Mark Nelson, Wayne Thomas
10th edition
1260481956, 1260310175, 978-1260481952
