Accounts receivables turnover rate
Problem:
Tomato, Inc. has accounts receivable of $52,700, total assets of $269,250, cost of goods sold of $147,900 and sales of 205,790.
Required:
Question: What is the accounts receivables turnover rate?
Note: Show all workings.
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Question: What is the accounts receivables turnover rate? Note: Show all workings.
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