Question
Norwood Corp. currently has accounts receivable of $1,227,311 on net sales of $7,090,443. What are its accounts receivable turnover ratio and days sales outstanding (DSO)?
Norwood Corp. currently has accounts receivable of $1,227,311 on net sales of $7,090,443. What are its accounts receivable turnover ratio and days sales outstanding (DSO)?
(Round answers to 2 decimal places, e.g. 12.25.)
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Personal Finance And Investments
Authors: Keith Redhead
1st Edition
0415428629, 978-0415428620
