Accounts Receivable Analysis A company reports the following: Sales $1,359,990 Average accounts receivable (net) 50,370 Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year. a. Accounts receivable turnover b. Number of days' sales in receivables days

Why does Accounts receivable often are referred to as trade receivables?

Explain how to calculate day’s sales in receivable.

How to determine the unadjusted balances of accounts receivable by using the percent of sales method and the analysis of receivables method , please , thank You!

Describe the Initial Valuation of Accounts Receivable.

Why should sales to and receipts of cash from credit customers be recorded and posted immediately?

How to compute the account receivable Turnover without the net credit sales nor the average account receivables ??

Which of the following calculations of receivable turnover is correct? A. Number of days in the year divided by receivable turnover. B. Net sale on account divided by average receivables. C. Cost of goods sold divided by average inventory. D. Net income divided by net sales.