Based on the following data, what is the accounts receivable turnover? Sales on account during year $568,103 Cost of goods sold during year 173,112 Accounts receivable, beginning of year 40,327 Accounts receivable, end of year 46,019 Inventory, beginning of year 98,439 Inventory, end of year 105,146 a.5.4 b.14.1 c.13.2 d.3.3
Based on the following data, what is the accounts receivable turnover? Sales on account during year $568,103 Cost of goods sold during year 173,112 Accounts receivable, beginning of year 40,327 Accounts receivable, end of year 46,019 Inventory, beginning of year 98,439 Inventory, end of year 105,146 a.5.4 b.14.1 c.13.2 d.3.3
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Based on the following data, what is the
| Sales on account during year | $568,103 |
| Cost of goods sold during year | 173,112 |
| Accounts receivable, beginning of year | 40,327 |
| Accounts receivable, end of year | 46,019 |
| Inventory, beginning of year | 98,439 |
| Inventory, end of year | 105,146 |
a.5.4
b.14.1
c.13.2
d.3.3
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