Question: able: x + ctorio.com/secured #lockdown Enabled: Unit 3 Exam: Ch. 4 Saved Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are

able: x + ctorio.com/secured #lockdown Enabled: Unit 3 Exam: Ch. 4 Saved Excerpts from Hulkster Company's December 31, 2021 and 2020, financial statements are presented below: 2021 Accounts receivable $ 58,000 2020 $ 45,000 Merchandise inventory 37,000 53,000 51 Net sales 236,900 231,000 Cost of goods sold 132,000 117,000 Total assets 443,000 414,000 Total shareholders' equity 258,000 234,000 Net income 46,000 37,000 Hulkster's 2021 average collection period is: Multiple Choice 135 days. 79 days. < Prev 27 of 33 Next >

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