Question
Sales (all on account) $1,910 Cost of goods sold 1,330 Gross margin 580 Operating expenses 230 Net operating income Interest expense Net income before
Sales (all on account) $1,910 Cost of goods sold 1,330 Gross margin 580 Operating expenses 230 Net operating income Interest expense Net income before taxes Income taxes (30%) Net income 350 50 300 90 $ 210 The Company's accounts receivables turnover in times for 2020 is:
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Financial Accounting with IFRS Fold Out Primer
Authors: John Wild
5th edition
978-0077408770, 77408772, 978-0077413804
