Question: Module 7 Problem Set eBook Show Me How Accounts Receivable Analysis A company reports the following: Sales $383,250 Average accounts receivable (net) 18,250 Determine (a)

Module 7 Problem Set eBook Show Me How Accounts Receivable Analysis

Module 7 Problem Set eBook Show Me How Accounts Receivable Analysis A company reports the following: Sales $383,250 Average accounts receivable (net) 18,250 Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365- day year. a. Accounts receivable turnover b. Number of days' sales in receivables days

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