Problem Solving Part 1 (Please read instructions) Compute for the following. Answers should be rounded up to two decimal

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Problem Solving Part 1 Please Read Instructions Compute For The Following Answers Should Be Rounded Up To Two Decimal 1 (46.13 KiB) Viewed 93 times

Problem Solving Part 1 (Please read instructions) Compute for the following. Answers should be rounded up to two decimal places. For example, if you answer is 123456 your final answer in the google form should be 12.35 if answer you computed answer is 12.33456 your answer in the google form should be 12 33. Solutions must be presented and submit in the GOOGLE CLASSROOM within the time allotted for the exam. Final answers must be encircled and must be the same with the final answer in the google form 2 points StarApple Inc. reported net sales of $265,595 million for the year 2018 During the same period, the opening accounts receivable (net) and the closing accounts receivable (net) stood at $17.874 million and $23,186 million, respectively. Based on the given information, calculate the accounts receivable turnover ratio for Star Apple Inc. for the year 2018 Your answer 2 points In relation to the problem of StarApple Inc. Compute for the collection period of StarApple Inc. using 365 days? Your answer Walnut Inc. in order to calculate the accounts receivable turnover ratio. 2 points According to its latest annual report (2018). the company booked net sales of $495,761 million, while the opening receivable (net) and the closing receivable (net) stood at $5,835 million and $5,614 million, respectively. Therefore, calculate the accounts receivable turnover ratio of Walnut Inc. for the year 2018. Your answer In relation to the problem of Walnut Inc. Compute for the collection period 2 points of Walnut Inc. using 360 days? Your answer