Unique Uniforms generally has accounts receivable that equal $480,000. If the accounts receivable turnover for the company is 12, what are its (a) receivables collection period (DSO) and (b) annual credit sales?

Unique Uniforms generally has accounts receivable that equal $480,000. If the accounts receivable turnover for the company is 12, what are its (a) receivables collection period (DSO) and (b) annual credit sales?

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter15: Financial Statement Analysis

Section: Chapter Questions

Problem 14BEA: Last year, Nikkola Company had net sales of 2.299.500,000 and cost of goods sold of 1,755,000,000....

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I need this general accounting question answers

Unique Uniforms generally has accounts
receivable that equal $480,000. If the
accounts receivable turnover for the
company is 12, what are its (a) receivables
collection period (DSO) and (b) annual
credit sales?

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