Graff Company has cash of $40,000, net accounts receivable of

Graff Company has cash of $40,000, net accounts receivable of $90,000, and net sales of $720,000. Last year’s net accounts receivable were $70,000. Compute the following ratios:
(a) Receivable turnover and
(b) Days sales uncollected.



$1.99
Suggested Freelancers
    Loading Freelancers