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The following information is from the annual financial statements of Raheem Company. 2013 2012 2011 Net sales $ 405,140 $ 335,280 $ 388,000 Accounts receivable,
The following information is from the annual financial statements of Raheem Company. 2013 2012 2011 Net sales $ 405,140 $ 335,280 $ 388,000 Accounts receivable, net (year-end) 44,800 41,400 34,800 Compute its accounts receivable turnover for 2012 and 2013.
The following information is from the annual financial statements of Raheem Company.
2013 2012 2011
Net sales $ 405,140 $ 335,280 $ 388,000
Accounts receivable, net (year-end) 44,800 41,400 34,800
Compute its accounts receivable turnover for 2012 and 2013.
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Auditing
Authors: Alan Millichamp, John Taylor
10th Edition
1408044080, 978-1408044087
