Question: View Policies Current Attempt in Progress The following data are taken from the financial statements of Sandhill Company. 2022 2021 Accounts receivable (net), end of
View Policies Current Attempt in Progress The following data are taken from the financial statements of Sandhill Company. 2022 2021 Accounts receivable (net), end of year $555,100 $579,000 Net sales on account 4,930,000 4,013,000 Terms for all sales are 1/10, n/45 Compute for each year the accounts receivable turnover. At the end of 2020, accounts receivable was $540,000. (Round answers to 1 decimal place, e.g. 12.5.) Accounts receivable turnover 2022 2021 times times
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