Powers Company reported net sales of $1,240,000, average Accounts Receivable, net of $74,500, and net income of $52,725.
Posted: Sun Jul 03, 2022 3:52 pm
Company reported net sales of $1,240,000, average Accounts Receivable, net of $74,500, and net income of $52,725. The accounts receivable turnover ratio is:
Powers