Accounts Receivable Analysis A company reports the following: Sales $558,450 Average accounts receivable (net) 32,850 Determine (a) the accounts receivable turnover and (b) the number of days' sales...


Accounts Receivable Analysis<br>A company reports the following:<br>Sales<br>$558,450<br>Average accounts receivable (net)<br>32,850<br>Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final<br>answers to one decimal place. Assume a 365-day year.<br>a. Accounts receivable turnover<br>b. Number of days' sales in receivables<br>days<br>Previous<br>Next<br>Check My Work 3 more Check My Work uses remaining.<br>

Extracted text: Accounts Receivable Analysis A company reports the following: Sales $558,450 Average accounts receivable (net) 32,850 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 Previous Next Check My Work 3 more Check My Work uses remaining.

Jun 10, 2022
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