Question: This is first-year university accounting, please answer quickly. 1. Average days to collect receivables = 365 Receivables turnover ratio The following data relates to Laurier
This is first-year university accounting, please answer quickly.
1. Average days to collect receivables = 365 Receivables turnover ratio The following data relates to Laurier Inc. Melbock value of fixed asses, Desember 31, year 1172000 Netbook value of fixed assets, December 31, year 2401000 Tural abilities, December 31, yes 178000 Total abilities, December 31, yx2688500 Sales for year 2160500 3 Income for yet 23001 Codate the bed a move rate for yeast 2. Round your answer to two digits
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
