Question: 5 Mifflin Co. reported the following for the current year: Book Net Sales Cost of goods sold Beginning balance in accounts receivable Ending balance in

5 Mifflin Co. reported the following for the current year: Book Net Sales Cost of goods sold Beginning balance in accounts receivable Ending balance in accounts receivable 560,000 $38,000 $14,000 $ 6,000 Paint Compute (a) accounts receivable turnover and (b) days' sales uncollected Hint Recall that accounts receivable tumover uses a accounts receivable, and days' sales uncollected uses the ending balance in accounts receivable. Complete this question by entering your answers in the tabs below. Accounts Receivable Turnover Days Sales Uncollected Compute the accounts receivable turnover. Accounts Receivable Tumover Choose Numerator Choose Denominator: Accounts Recevable Turnover Accounts receivable mover times Days Sales Uncollected > Mifflin Co. reported the following for the current year: Net sales Cost of goods sold Beginning balance in accounts receivable Ending balance in accounts receivable $60,000 $38,000 $14,000 $ 6,000 Compute (a) accounts receivable turnover and (b) days' sales uncollected. Hint Recall that accounts accounts receivable, and days' sales uncollected uses the ending balance in accounts receivable. Complete this question by entering your answers in the tabs below. Accounts Receivable Turnover Days Sales Uncollected Compute the days' sales uncollected. Choose Numerator: Days' Sales Uncollected Choose Denominator: Days 1 Days' Sales Uncollected Days' sales uncollected days /
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