cash- $ 12,000 Inventories- $ 18,000 Accounts receivable- $ 23,000 net sales- $ 453,000 Cost of good sold- $ 282,000 Net income- $ 22,000 What is the accounts receivable turnover?
Added by Khristine Jhoy S.
Step 1
To calculate the average accounts receivable, we need to add the beginning and ending accounts receivable and divide by 2. Beginning accounts receivable = $23,000 Show more…
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