II- Chapter 4 Saved Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 ACcounts receivable Merchandise inventory Net sales Cost of goods...


II- Chapter 4<br>Saved<br>Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below:<br>2021<br>2020<br>ACcounts receivable<br>Merchandise inventory<br>Net sales<br>Cost of goods sold<br>$78,000<br>47,000<br>$55,000<br>73,000<br>300, 000<br>127, 000<br>305,900<br>152, 000<br>424,000<br>244,000<br>Total assets<br>463,000<br>Total shareholders' equity<br>278,000<br>61,000<br>Net income<br>47,000<br>Hulkster's 2021 receivables turnover is: (Round your answer to 2 decimal places.)<br>Multiple Choice<br>1.95.<br>11 of 15<br>Next ><br>< Prev<br>

Extracted text: II- Chapter 4 Saved Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below: 2021 2020 ACcounts receivable Merchandise inventory Net sales Cost of goods sold $78,000 47,000 $55,000 73,000 300, 000 127, 000 305,900 152, 000 424,000 244,000 Total assets 463,000 Total shareholders' equity 278,000 61,000 Net income 47,000 Hulkster's 2021 receivables turnover is: (Round your answer to 2 decimal places.) Multiple Choice 1.95. 11 of 15 Next > <>
Multiple Choice<br>1.95.<br>3.87.<br>4.60.<br>5.94.<br>11 of 15<br>Next<br>< Prev<br>

Extracted text: Multiple Choice 1.95. 3.87. 4.60. 5.94. 11 of 15 Next <>

Jun 04, 2022
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