Net Sales. Utica Company’s net accounts receivable were $250,000 as of December 31, 20X8, and $300,000 as of December 31, 20X9. Net cash sales for 20X9 were $100,000. The accounts receivable turnover...


Net Sales. Utica Company’s net accounts receivable were $250,000 as of December 31, 20X8, and $300,000 as of December 31, 20X9. Net cash sales for 20X9 were $100,000. The accounts receivable turnover for 20X9 was 5.0. What were Utica’s total net sales for 20X9?



May 05, 2022
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