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The following data are for Ruggers Company. Current Year 1 Year Ago Accounts receivable, net $ 156,400 $ 141,500 Net sales 1,011,105 1,060,600 Complete the
The following data are for Ruggers Company.
| Current Year | 1 Year Ago | |||||||
| Accounts receivable, net | $ | 156,400 | $ | 141,500 | ||||
| Net sales | 1,011,105 | 1,060,600 | ||||||
Complete the below table to calculate the accounts receivable turnover for the current year.
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Financial & Managerial Accounting, 1, 2 Terms (12 Months)
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
14th Edition
133727075X, 9781337270755
