Select financial information from Beca Inc. is shown below: Receivables less allowance for doubtful accounts Receivables, net Credit sales Receivables Turnover Ratio 2018 Average Collection Period $425,795 45,485 380,310 5,154,400 2017 $371,727 32,469 339,258 Calculate the receivables turnover and the collection period for 2018. (Round answers to 1 decimal place, e.g. 12.3.) 4,833,400 times days

Select financial information from Beca Inc. is shown below: Receivables less allowance for doubtful accounts Receivables, net Credit sales Receivables Turnover Ratio 2018 Average Collection Period $425,795 45,485 380,310 5,154,400 2017 $371,727 32,469 339,258 Calculate the receivables turnover and the collection period for 2018. (Round answers to 1 decimal place, e.g. 12.3.) 4,833,400 times days

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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explain the image provided the Accounts receivable turn over, days to collect, Inventory turnover,Days to sell, accounts payable turnover,days to pay and give recommendation
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