Question
NikeAdidasAccounts Receivable Turnover = 19795.3/[(2884.3-77.2)+(2952.8-104.1)/2] = 7 times = 10675/[(1740-112)+(1556-134)]/2 = 7 times Calculate the accounts receivable turnover for both companies. (Round answers to 1
NikeAdidasAccounts Receivable Turnover
= 19795.3/[(2884.3-77.2)+(2952.8-104.1)/2]
= 7 times
= 10675/[(1740-112)+(1556-134)]/2
= 7 times
Calculate the accounts receivable turnover for both companies. (Round answers to 1 decimal place, e.g. 12.5.)
| Nike | adidas | |||||
| Accounts receivable turnover | times | times | ||||
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Cloud Audit Toolkit For Financial Regulators
Authors: Asian Development Bank
1st Edition
9292692089, 978-9292692087
