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Question Three (10 points) Adel Company's net accounts receivable was $250,000 at December 31, 2010, and $300,000 at December 31, 2011. Net cash sales for

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Question Three (10 points) Adel Company's net accounts receivable was $250,000 at December 31, 2010, and $300,000 at December 31, 2011. Net cash sales for 2011 were $100,000. The accounts receivable turnover for 2011 was 5.0, which was computed from net credit sales for the year. Required: What was Adel's total net sales for 2011? Question Four 120 points)

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