Question
Serong Corporation has provided the following data: This year Last Uear Accounts receivable....... $110,000 $120,000 Inventory........................ $178,000 $187,000 Sales on account........... $654,000 $700,000 Cost of
Serong Corporation has provided the following data: This year Last Uear Accounts receivable....... $110,000 $120,000
Inventory........................ $178,000 $187,000
Sales on account........... $654,000 $700,000
Cost of goods sold......... $461,000 The accounts receivable turnover for this year is closest to:
| A. | 5.69 |
| B. | 0.99 |
| C. | 6.08 |
| D. | 6.11 |
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The Cost Of Quality Audit
Authors: W. Jeffrey Howard
1st Edition
1902433629, 978-1902433622
