This paper circulates around the core theme of Calculate the accounts receivable turnover and average collection period for 2011. (Use “Net Product Sales.” Assume all sales were credit sales.)(Round answers to 1 decimal place, e.g. 15.2.) together with its essential aspects. It has been reviewed and purchased by the majority of students thus, this paper is rated 4.8 out of 5 points by the students. In addition to this, the price of this paper commences from £ 99. To get this paper written from the scratch, order this assignment now. 100% confidential, 100% plagiarism-free.
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2011 |
|
2010 |
|
2009 |
|
Net product sales: |
|
|
|
|
|
|
|
United states |
|
$487,185 |
|
$471,714 |
|
$455,517 |
|
Foreign |
|
41,184 |
|
45,435 |
|
40,075 |
|
|
|
$528,369 |
|
$517,149 |
|
$495,592 |
|
Long-lived assets: |
|
|
|
|
|
|
|
United states |
|
$170,173 |
|
$172,087 |
|
$176,044 |
|
Foreign |
|
41,989 |
|
43,405 |
|
44,677 |
|
|
|
$212,162 |
|
$215,492 |
|
$220,721 |
|
Calculate the accounts receivable turnover and average collection
period for 2011. (Use “Net Product Sales.” Assume all sales were credit
sales.)(Round answers to 1 decimal place, e.g. 15.2.)