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Blue Air Inc., has net sales of $740,000 and accounts receivables of $163,000. What is the firm's accounts receivables turnover?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 14BEA: Last year, Nikkola Company had net sales of 2.299.500,000 and cost of goods sold of 1,755,000,000....

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Accounting

Blue Air Inc., has net sales of $740,000 and
accounts receivables of $163,000. What is the
firm's accounts receivables turnover?

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