Accounts Receivable Analysis A company reports the following: Sales $755,550 Average accounts receivable (net) 32,850 Determine (a) the accounts receivable turnover and (b) the number of days' sales...


Accounts Receivable Analysis


A company reports the following:













Sales$755,550
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
fill in the blank 1

b.Number of days' sales in receivables


Jun 10, 2022
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