=+E9-9 Accounts receivable analysis Obj 2

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a. Accounts receivable turnover, 2008, 6.9 The following data are taken from the financial statements ofCreekside Technology Inc. Terms of __ all sales are 2/10, n/60.

2008 Accounts receivable, end of year $ 75 452 Monthly average accounts receivable (net) 78,261 Net sales 540,000 2007_2006

$ 85,500 $81,624 80,645 -

500,000 -