following information is available for Wildhorse Products: Accounts receivable Cost of goods sold Inventory (ending) Net cash provided by operating activities Net sales Capital expenditures Dividends Accounts receivable turnover 2014 Average collection period $73,200 622,200 63,440 268,400 1,062,620 48,800 29,646 Compute the following for 2014: (Round answers to 1 decimal place, e.g. 52.7. Use 365 days for calculation.) 2013 $90,280 707,600 82,960 207,400 1,146,800 46,360 39,040 days times

following information is available for Wildhorse Products: Accounts receivable Cost of goods sold Inventory (ending) Net cash provided by operating activities Net sales Capital expenditures Dividends Accounts receivable turnover 2014 Average collection period $73,200 622,200 63,440 268,400 1,062,620 48,800 29,646 Compute the following for 2014: (Round answers to 1 decimal place, e.g. 52.7. Use 365 days for calculation.) 2013 $90,280 707,600 82,960 207,400 1,146,800 46,360 39,040 days times

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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