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Good day,

I have to answer the questions below utilizing Boeing's annual report or financial information for


Using the Annual Report of your selected company, answer the following questions in the discussion:

Compute the accounts receivable turnover at year-end. 

Compute days sales in receivables at year-end. 

Based on the acid-test ratio, accounts receivable turnover, and days sales in receivables, how does the company compare to the industry?

Top Answer

Accounts receivable turnover = 29.86 times Days sales in receivables =... View the full answer


Source - Boeing Annual Report for 2018
In millions of dollars
Accounts receivable, net
Total revenues, 2018
Accounts receivable turnover = Total revenues...

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