Answer Happy

The 2017 and 2018 balance sheets for Victor, Inc., showed net accounts receivable of $12,000 and 514 000, cospectively, inventory of $9,500 and $8.000, respectively; and accounts payable of $8,400 and $0 200 respectively. The company's 2018 income statement showed net sales of 5117.000 and cost of goods.com of $75,000. Assume all sales are on credit. Compute the following ratios for 2018: 1. Accounts receivable tumover 2. Inventory turnover 1. Compute the accounts receivable turnover for 2018. (Round the ratio to two decimal places, XXX) Select the formula this amount and then enter the amounts to calculate the ratio Ostion Viewer Accounts receivable Dumover
Accounts receivable Victor, Inc., showed $6,400 and $9,200, re edit. Compute the follo Average net receivables Cash Cost of goods sold rnover for 2018. (Round Net credit sales e this amount and then e m II =