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ACC220 W3Assignment.docx ACC220 Week 3 Problem ACC220 “ Week 3 1. Accou

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ACC220 W3Assignment.docx ACC220 Week 3 Problem ACC220 “ Week 3 1. Accounts Receivable Turnover Year 2 Year 1 Sales 39528000 40339000 Accounts recei... vable at end of year 1162000 1280000 Accounts receivable turnover: $39,598,000 divided by 1,162,000 34.01 $40,339,000 divided by 1,280,000 31.51 2 Days™ Sales in Receivables (365 days) Average daily sales: $39,598,000 divided by 365 $108.487.67 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . [Show More]

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