Green Tech Inc. has net sales of $850,000 and accounts receivables of $200,000. What is the firm's accounts receivables turnover?
Green Tech Inc. has net sales of $850,000 and accounts receivables of $200,000. What is the firm's accounts receivables turnover?
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter5: Professional Auditing Standards And The Audit Opinion Formulation Process
Section: Chapter Questions
Problem 9RQSC: Assume that an organization asserts that it has $35 million in net accounts receivable. Describe...
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Transcribed Image Text:Green Tech Inc. has net sales of $850,000
and accounts receivables of $200,000.
What is the firm's accounts receivables
turnover?
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