Question
QS 9-12 Accounts receivable turnover LO A1 The following data are taken from the comparative balance sheets of Ruggers Company. 2017 2016 Accounts receivable, net
QS 9-12 Accounts receivable turnover LO A1
The following data are taken from the comparative balance sheets of Ruggers Company.
| 2017 | 2016 | |||
| Accounts receivable, net | $ | 153,600 | $ | 138,700 |
| Net sales | 871,105 | 920,600 | ||
Complete the below table to calculate the accounts receivable turnover for the year 2017.
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
