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Q3-30 I need help coming up with the a/r turnover for year 2 Cash Yr 2 $39,000 Yr 1 $33,750 Short-turm investments Yr 2 $105,000
Q3-30
I need help coming up with the a/r turnover for year 2
Cash Yr 2 $39,000 Yr 1 $33,750
Short-turm investments Yr 2 $105,000 Yr 1 $67,500
a/r net Yr 2 $93,000 Yr 1 $87,000
Merchandise Investory Yr 2 $128,500 Yr 1 $312,500
Prepaid Expense Ye 2 $13,600 Yr 1 $11,200
Plant Assets Yr 2 $395,500 Yr 1 $345,5000
A/P Yr 2 $105,900 Yr 1 $115,300
Net Sales Yr 2 $718,500 Yr 1 $683,500
Cost of goods sold Yr 2 $397,500 Yr 1 $382,500
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