Swifty Corp. had accounts receivable pf $100k at 1/1. The only transactions affecting accounts receivable were sales of $922k and cash collections of $872500. The accounts receibable turnover is: a.) 9.2 b.) 6.8 c.) 6.2 d.) 7.4

Swifty Corp. had accounts receivable pf $100k at 1/1. The only transactions affecting accounts receivable were sales of $922k and cash collections of $872500. The accounts receibable turnover is: a.) 9.2 b.) 6.8 c.) 6.2 d.) 7.4

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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