Question: Using the Indigo financial statements in Appendix III. calculate the following ratios for the years ended April 1, 2017, and March 31, 2018. The value
Using the Indigo financial statements in Appendix III. calculate the following ratios for the years ended April 1, 2017, and March 31, 2018. The value of Accounts receivables for 2016 was $7,663,000. a. Accounts receivable turnover ratio (Round the final answer to 2 decimal places) March 31, 2018 April 01, 2017 Accounts receivable turnover ratio b. Days sales uncollected (Round the final answer to the nearest whole day) March 31, 2018 April 01, 2017 Days' sales uncollected days days Using the Indigo financial statements in Appendix III. calculate the following ratios for the years ended April 1, 2017, and March 31, 2018. The value of Accounts receivables for 2016 was $7,663,000. a. Accounts receivable turnover ratio (Round the final answer to 2 decimal places) March 31, 2018 April 01, 2017 Accounts receivable turnover ratio b. Days sales uncollected (Round the final answer to the nearest whole day) March 31, 2018 April 01, 2017 Days' sales uncollected days days
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