Question
Please use this link to solve this question : Financial statements: http://files.shareholder.com/downloads/UARM/6012368969x0x937207/3E24CAC2-FE6C-48E9-A1B0-39C5AC9B3850/Under_Armour_2016_Annual_Report.pdf 1.Calculate Accounts Receivables Turnover Ratio and Average Collection Period for 2016 and 2015.
Please use this link to solve this question : Financial statements: http://files.shareholder.com/downloads/UARM/6012368969x0x937207/3E24CAC2-FE6C-48E9-A1B0-39C5AC9B3850/Under_Armour_2016_Annual_Report.pdf
1.Calculate Accounts Receivables Turnover Ratio and Average Collection Period for 2016 and 2015.
- The answer is 2016 = 7.749239 ; 2015 = 9.139681
Can you please show how we got those numbers (net sales and average net trade accounts receivables)
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Management Research Methods
Authors: Phyllis Tharenou, Ross Donohue, Brian Cooper
1st Edition
0521694280, 9780521694285
