The financial statements of BCE Inc report net sales of $ 19,497 million for its year ended December 31, 2011, and $18,069 million for its year ended December 31, 2010 Accounts receivable (net) was $2,964 million at December 31, 2011, $2,525 million at December 31, 2010, and $1,140 at December 31, ...

2010 The accounts receivable turnover ratio is calculated as follows Net S ...

The financial statements of BCE Inc. report net sales of $ 19,497 million for its year ended

Question:

The of BCE Inc. report net sales of $ 19,497 million for its year ended December 31, 2011, and $18,069 million for its year ended December 31, 2010. (net) was $2,964 million at December 31, 2011, $2,525 million at December 31, 2010, and $1,140 at December 31, 2009. Calculate the company’s; turnover ratio for 2010. Did it improve in 2011? Financial Statements
Financial statements are the standardized formats to present the financial information related to a business or an organization for its users. Financial statements contain the historical information as well as current period’s financial... Accounts Receivable
Accounts receivables are debts owed to your company, usually from sales on credit. Accounts receivable is business asset, the sum of the money owed to you by customers who haven’t paid.The standard procedure in business-to-business sales is that...