Calculation of Receivables Turnover

Calculation of Receivables Turnover - (19,230+17,599) / 2 =...

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Calculation of Receivables Turnover 20X1 20X0 20W9 Net credit sales $129,000 $97,000 Accounts receivable 18,567 19,230 $17,599 Average receivables (18,567+19,230) / 2 =
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Unformatted text preview: (19,230+17,599) / 2 = 18,898.5 18,414.5 Receivables turnover $129,00 / $18,898.5 = $97,00 / $18,414.5 = 20X1 20X0 20W9 6.8 times 5.3 times...
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This note was uploaded on 11/15/2011 for the course ACCT 2310 taught by Professor Staff during the Spring '09 term at Texas State.

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Calculation of Receivables Turnover - (19,230+17,599) / 2 =...

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