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Ratios: Accounts Receivable (AR) Turnover Solutions Library

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Ratios: Accounts Receivable (AR) Turnover

Q. Owl computers had an accounts receivable turnover ratio of 8, net sales of $120,000 and gross sales of $150,000. What was their average balance in ...

Solved • Jul 18, 2017

Ratios: Accounts Receivable (AR) Turnover

Q. If a company has net sales of $500,000; gross sales of $600,000 and an average accounts receivable balance of $100,000 – what is the accounts recei...

Solved • Jul 18, 2017

Ratios: Accounts Receivable (AR) Turnover

Q. Beginning accounts receivable were $100,000 and the ending accounts receivable are $130,000. Net sales for the period total $1,265,000. What is the...

Solved • Jul 18, 2017

Ratios: Accounts Receivable (AR) Turnover

Q. During 2014, XYZ Inc. sold merchandise worth $320,000. It has $60,000 of beginning accounts receivables and $70,000 of ending accounts receivables....

Solved • Jul 16, 2017

Ratios: Accounts Receivable (AR) Turnover

Q. On December 31, G Company provided the following information:                                                  January 1             December 31 A...

Solved • Jul 12, 2017