Acompany reports the following:
sales $1,500,000
average accounts receivable (net) 100,...
Business, 21.01.2020 03:31, slbutler2005
Acompany reports the following:
sales $1,500,000
average accounts receivable (net) 100,000
determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. round interim calculations to the nearest dollar and final answers to one decimal place. assume a 365-day year.
a. accounts receivable turnover.
b. number of days' sales in receivables. days
Answers: 1
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