If sales is $ 5 5 0 , 0 0 0 , beginning inventory is $ 1

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Question:

If sales is $

550, 000,

beginning inventory is $

100, 000,

and ending inventory is $

120, 000,

what is the accounts receivables turnover?

Related Book For answer-question

Financial Reporting Financial Statement Analysis and Valuation

ISBN: 978-0324302950

6th edition

Authors: Clyde P. Stickney

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Posted Date: Apr 22, 2024 02:50 AM

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If sales is $ 5 5 0 , 0 0 0 , beginning inventory is $ 1

Question:

Expert Answer:

To calculate the accounts receivable turnover you can use the formula Acco... View the full answer

Financial Reporting Financial Statement Analysis and Valuation

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