Homework Answers
Accounts Receivables Turnover = (4091750-52000)/((984000-87000+1533000)/2
= 4039750/1215000 = 3.32
Notes
Accounts Receivables Turnover is calculated using the formula below:
Credit Sales/Average Accounts Receivables
where,
Average Accounts Receivables = (Beginning Accounts Receivables + Ending Accounts Receivables)/2
Please comment in case of any issue and I will be happy to rectify it.
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compute the accounts receivabke turnover for 2019
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The question is in the second picture, thanks!
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edugen.wileyplus.com/edugen/lt/main.uni PVPLUS Weygandt, Financial and Managerial, 3e VELU Help System Announcements sad, Study & Practice Assignment Gradebook ORION Downloadable eTextbook > Open Assignment ENT RESOURCES HW Exercise 9-13 al-a2 (Video) Sunland Company, organized in 2020, has the following transactions related to intangible assets se 9-00 1/2/20 4/1/20 7/1/20 9/1/20 Purchased patent (6-year life) Goodwill purchased (indefinite lite) 1 4-year franchise; expiration date 7/1/2034 Research and development costs $540,000 360,000 532.000 se 9-07ala 158,000 se 9-08- e-09 Video cise 9-12 Prepare...
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