Question
This year CVS reported sales of $114,277 million and accounts receivable of $8,175 million . If sales are projected to increase 2% next year and
This year CVS reported sales of $114,277 million and accounts receivable of $8,175million.If sales are projected to increase 2% next year and accounts receivable is expected to remain at the same percentage of sales, what is the projected accounts receivable balance for next year?
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
