Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the financial statements of the swifty corporation

The financial statements of the Swifty Corporation reports net sales of $336000 and accounts receivable...

70.2K

Verified Solution

Question

Accounting

image

The financial statements of the Swifty Corporation reports net sales of $336000 and accounts receivable of $51600 and $24000 at the beginning of the year and end of year, respectively What is the accounts receivable turnover for Swifty? 12 times 7 times 9 times O 4 times

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students