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Ordonez Lumber Yard has a current accounts receivable balance of $446,016. Credit sales for the year just ended were $6,853,080. What is the receivables tumover?
Ordonez Lumber Yard has a current accounts receivable balance of $446,016. Credit sales for the year just ended were $6,853,080. What is the receivables tumover? (Do not round intermediate calculations and round your answer to 2 decimal places, 0.9, 32,16.) Receivables tumover times What is the days' sales in receivables? (Do not round Intermediate calculations and round your answer to 2 decimal places, 0.9, 12.16.) Days'salen in receivables days How long dia take on werage for credit customers to pay of their acourts during the past year? (Do not round Intermediate calculations and round your answer to 2 decimal places, 6.9.12.18) Average collection period days Hints References eBook & Resources Hint
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