Omega Co. has annual sales of $250,000, costs of goods sold of $168,000, and assets of $335,000.

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Omega Co. has annual sales of $250,000, costs of goods sold of $168,000, and assets of $335,000. Accounts receivable are $82,600. What is the receivables turnover?

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Horngrens Financial and Managerial Accounting

ISBN: 978-0133866292

5th edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Posted Date: Apr 18, 2024 07:40 AM

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Omega Co. has annual sales of $250,000, costs of goods sold of $168,000, and assets of $335,000.

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Receivables Turnover can be computed by u... View the full answer

Horngrens Financial and Managerial Accounting

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