6 Be. 218 - 7 The following data exists for Mather Company. 2022 2021 Accounts Receivable Net Sales 560,000 $ 70,000 $ 8
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6 Be. 218 - 7 The following data exists for Mather Company. 2022 2021 Accounts Receivable Net Sales 560,000 $ 70,000 $ 8
Company. 2022 2021 Accounts Receivable Net Sales 560,000 $ 70,000 $ 80,000 410,000 Calculate the accounts receivable turnover and the average collection period in days for 2022. Answer Accounts receivable turnover times (Net sales. + average. A/R) Average collection period = days (365+ A/R turnover)
6 Be. 218 - 7 The following data exists for Mather