For its most recent year a company had Sales (all on credit) of OMR 830000 and Cost of Goods Sold of OMR 525000. At the beginning of the year its Accounts Receivable were OMR 80000 and its Inventory was OMR 100000. At the end of the year its Accounts Receivable were OMR 86000 and its Inventory was OMR 110000. Calculate Receivable days. Select one: a. 37 Days b. 58 Days c. 46 Days d. 73 Days

For its most recent year a company had Sales (all on credit) of OMR 830000 and Cost of Goods Sold of OMR 525000. At the beginning of the year its Accounts Receivable were OMR 80000 and its Inventory was OMR 100000. At the end of the year its Accounts Receivable were OMR 86000 and its Inventory was OMR 110000. Calculate Receivable days. Select one: a. 37 Days b. 58 Days c. 46 Days d. 73 Days

Name: For its most recent year a company had Sales (all on credit) of OMR 8
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Description: For its most recent year a company had Sales (all on credit) of OMR 830000 and Cost of Goods Sold of OMR 525000. At the beginning of the year its Accounts Receivable were OMR 80000 and its Inventory was OMR 100000. At the end of the year its Accoun

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter16: Financial Statement Analysis

Section: Chapter Questions

Problem 4BE

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