Solved: In 2010 drew gooden company has net credit sales of 1600000, Accounting Basics

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In 2010 drew gooden company has net credit sales of 1600000

1. In 2010, Drew Gooden Company has net credit sales of $1,600,000 for the year. It had a beginning accounts receivable (net) balance of $101,000 and an ending accounts receivable (net) balance of $107,000. Compute Drew Gooden Company's

(a) Accounts receivable turnover and

(b) Average collection period in days.

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Accounting Basics: In 2010 drew gooden company has net credit sales of 1600000

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Accounting Basics: In 2010 drew gooden company has net credit sales of 1600000

Reference No:- TGS01527624

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