The accounts receivable turnover is computed as divided by . sales; accounts receivable sales; average accounts receivable sales; net income accounts receivable; net income 2. Financial data for Greene Company follows: Sales $825,000 Accounts receivable: Beginning of year 75,000 End of year 87,000 Net income 1,500,000 What is Greene Company's accounts receivable turnover

Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?

Reynolds corp. factors $400,000 of accounts receivable with mateer finance corporation on a without recourse basis on july 1, 2015. the receivables records are transferred to mateer finance, which will receive the collections. mateer finance assesses a finance charge of 1 ½ percent of the amount of accounts receivable and retains an amount equal to 4% of accounts receivable to cover sales discounts, returns, and allowances. the transaction is to be recorded as a sale. required: a. prepare the journal entry on july 1, 2015, for reynolds corp. to record the sale of receivables without recourse. b. prepare the journal entry on july 1, 2015, for mateer finance corporation to record the purchase of receivables without recourse— think through this. c. explain the difference between sale of receivables with recourse as oppose to without recourse.

Shelly bought a house five years ago for $150,000 and obtained an 80% loan. now the home is worth $140,000 and her loan balance has been reduced by $12,000. what is shelly's current equity?