Comparative calendar-year financial data for a company are shown below:
Calculate:
(1) Accounts receivable turnover for 2014.
(2) Days' sales uncollected for 2014.
(3) Inventory turnover for 2014.
(4) Days' sales in inventory for 2014.

Question

Comparative calendar-year financial data for a company are shown below:
  Calculate:
(1) Accounts receivable turnover for 2014.
(2) Days' sales uncollected for 2014.
(3) Inventory turnover for 2014.
(4) Days' sales in inventory for 2014.

Quizplus · Accepted Answer

The Answer of Comparative calendar-year financial data for a company are shown below:
  Calculate:
(1) Accounts receivable turnover for 2014.
(2) Days' sales uncollected for 2014.
(3) Inventory turnover for 2014.
(4) Days' sales in inventory for 2014.

Comparative Calendar-Year Financial Data for a Company Are Shown Below