Business, 15.07.2019 20:30, neekobecky599
The following data are taken from the financial statements of colby company. 2017 2016 accounts receivable (net), end of year $ 550,000 $ 540,000 net sales on account 4,300,000 4,000,000 terms for all sales are 1/10, n/45 compute for each year the accounts receivable turnover. at the end of 2015, accounts receivable was $520,000. (round answers to 1 decimal place, e. g. 12.5.) 2017 2016 accounts receivable turnover enter turnover in times rounded to 1 decimal place. times enter turnover in times rounded to 1 decimal place. times compute for each year the average collection period. (round answers to 1 decimal place, e. g. 12.5. use 365 days for calculation.) 2017 2016 average collection period enter the collection period in days rounded to 1 decimal place. days enter the collection period in days rounded to 1 decimal place. days
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The following data are taken from the financial statements of colby company. 2017 2016 accounts rece...
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