Accounts receivable 360000 340000 inventory 280000

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Accounts receivable $ 360,000 $ 340,000 Inventory 280,000 320,000 Net credit sales 3,000,000 2,600,000
Cost of goods sold 1,500,000 840,000 Net income 300,000 170,000 The accounts receivable turnover for 2014 is
Question 29
Question 30 All of the following situtations below might indicate a company has a low quality of earnings except
Question 31 IFRS requires that receivables with different characteristics should be reported separately. requires that receivables with different characteristics should be reported as one unsegregated amount. implies that receivables with different characteristics should be reported as one unsegregated amount. implies that receivables with different characteristics should be reported separately.

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