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Use the following information to answer Questions 2 and 3. Credit sales Credit purchases Account receivables Account payables Company A (RM) 47,000 33,000 10,000 28,000
Use the following information to answer Questions 2 and 3. Credit sales Credit purchases Account receivables Account payables Company A (RM) 47,000 33,000 10,000 28,000 Company B (RM) 51,000 24,000 9,000 12,000 2. The accounts receivables turnover ratio for Company A is: * O 1.7 times 3.3 times O 4.0 times O 4.7 times 3. The accounts payables turnover ratio for Company B is: *
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