Question
Twist Corporation has a current accounts receivable balance of $307,615. Credit sales for the year just ended were $2,935,600. a. What is the receivables turnover?
Twist Corporation has a current accounts receivable balance of $307,615. Credit sales for the year just ended were $2,935,600.
a.What is the receivables turnover?
b.What is the days' sales in receivables?
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Personal Finance
Authors: Jeff Madura, Hardeep Singh Gill
3rd Canadian Edition
978-0133035575, 133035573, 978-0133970524, 133970523, 978-0134040042
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