Business
Business, 22.11.2019 22:31, darlene93

The following information was available for the year ended december 31, 2019: net sales $ 766,500 cost of goods sold 591,300 average accounts receivable for the year 37,850 accounts receivable at year-end 31,500 average inventory for the year 154,000 inventory at year-end 157,150 required: calculate the inventory turnover for 2019. (round your answer to 2 decimal places.) calculate the number of days' sales in inventory for 2019, using year-end inventories. (use 365 days a year. round your answer to 1 decimal place.) calculate the accounts receivable turnover for 2019. (round your answer to 1 decimal place.) calculate the number of days' sales in accounts receivable for 2019, using year-end accounts receivable. (use 365 days a year. round your answer to 1 decimal place.)

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The following information was available for the year ended december 31, 2019: net sales $ 766,500 c...

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