Suppose That Sales For The Entire Year Were 200 000 And Cost Of Goods Sold 60 Of
Suppose that Sales for the entire year were $200,000 and Cost of Goods Sold 60% of Sales. The inventory balance is $10,000, the Receivables Collection Period is 20 days. What is the average accounts receivable? a) 5,000 b) 11,111 c) 14,141 d) 23,300
Better work, better grade
Our customers willingly show their appreciation for good work. We have many repeat clients over the past.