Alpha Geek

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    Polytechnic State University Sanluis
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Category > Accounting Posted 02 Jun 2017 My Price 5.00

What conclusions can be drawn from these data concerning accounts receivable and credit policies?

The following data are taken from the financial statements of Encore Technology Inc. Terms of all sales are 2/10, n/45.

a. For 2012 and 2011, determine (1) the accounts receivable turnover and (2) the number of days’ sales in receivables. Round to nearest dollar and one decimal place.

b. What conclusions can be drawn from these data concerning accounts receivable and credit policies?

 

Answers

Alpha Geek
(8)
Status NEW Posted 02 Jun 2017 09:06 AM My Price 5.00

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file 1496394896-Answer.docx preview (143 words )
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