Beginning Balance 200,000.00 125,000.00 Ending Balance 250,000.00 Account Accounts Receivable Inventory 75,000.00 Sales 1,800,000.00 Cost of Sales 3 of sales NI3

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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What is the accounts receivable turnover? What is the inventory turnover?
Beginning Balance
200,000.00
Ending Balance
250,000.00
75,000.00
Account
Accounts Receivable
Inventory
125,000.00
Sales
1,800,000.00
2
3 of sales
Cost of Sales
Transcribed Image Text:Beginning Balance 200,000.00 Ending Balance 250,000.00 75,000.00 Account Accounts Receivable Inventory 125,000.00 Sales 1,800,000.00 2 3 of sales Cost of Sales
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