A company reports the following:
Sales............................................................$1,200,000
Average accounts receivable (net)...............50,000?
Determine the (a) accounts receivable turnover and (b) number of days' sales in receivables. Round your answers to one decimal place.

Question

A company reports the following:
Sales............................................................$1,200,000
Average accounts receivable  (net)...............50,000?
Determine the  (a) accounts receivable turnover and  (b) number of days' sales in receivables. Round your answers to one decimal place.

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The Answer of A company reports the following:
Sales............................................................$1,200,000
Average accounts receivable  (net)...............50,000?
Determine the  (a) accounts receivable turnover and  (b) number of days' sales in receivables. Round your answers to one decimal place.

A Company Reports the Following