Briel Exercise 8-11 he 2017 financial statements of 3N Company report net sales of $25.3 billion. AcCounts receivable (net) are $3.00 billion at the beginning of the year and $3.24 b n a Bemd Cmpute 3M Company's receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover ratio times SHOW LIST OF ACCOUNTS LINE FO TEXT INTERACTIVE TUTORIAL Compute 3M Company's average collection period for accounts receivable in days. (Round answer to 1 decimal place, e.g. 12.5. Use 365 days for calculation.) Average collection period days
Briel Exercise 8-11 he 2017 financial statements of 3N Company report net sales of $25.3 billion. AcCounts receivable (net) are $3.00 billion at the beginning of the year and $3.24 b n a Bemd Cmpute 3M Company's receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover ratio times SHOW LIST OF ACCOUNTS LINE FO TEXT INTERACTIVE TUTORIAL Compute 3M Company's average collection period for accounts receivable in days. (Round answer to 1 decimal place, e.g. 12.5. Use 365 days for calculation.) Average collection period days
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Kiumel, finamclal Accounting, Se
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CALLAT
Briel Exercise 8-11
he 20117 financial staternents of 3M Company report net sales of $25.3 billion. Accounts receivable (net) are $3.00 billion at the beginning of the year and $3.24 billion at the cde
Compute 3M Company's receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.)
Accounts receivable turnover ratio
times
SHOW LIST OF ACCOUNTS
LINK TO TEXT
INTERACTIVE TUTORIAL
Compute 3M Company's average collection period for accounts receivable in days. (Round answer to 1 decimal place, e.g. 12.5. Use 365 days for calculation.)
Average collection period
days
Click if you would like to Show Work for this question: Open Show Work
SHOW LIST OF ACCOUNTS
LINK TO TEXT
INTERACTIVE TUTORIAL
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