Accounts Receivable Analysis A company reports the following: Sales $433,620 Average accounts receivable (net) 48,180 Determine (a) the accounts receivable turnover and (b) the number of days' sales...


Accounts Receivable Analysis


A company reports the following:


Sales                                                 $433,620


Average accounts receivable (net)     48,180


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                  fill in the blank



b.Number of days' sales in receivables     fill in the blank (days)




Jun 03, 2022
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