Question
Using the following yearend information, compute accounts receivable turnover for Year 2. Year 2: Sales are $94,300; average accounts receivable is $11,500. Year 1: Sales
Using the following yearend information, compute accounts receivable turnover for Year 2.
Year 2: Sales are $94,300; average accounts receivable is $11,500. Year 1: Sales are $77,000; average accounts receivable is $10,000.
a.47.4
b.7.7
c.44.5
d.8.2
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Anti Audit Warfare
Authors: Business Management Daily
7th Edition
1540747182, 978-1540747181
