
Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
النسخة 17الرقم المعياري الدولي: 978-0078025778
Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
النسخة 17الرقم المعياري الدولي: 978-0078025778 تمرين 6
The following information was taken from recent annual reports of Goodyear Tire Rubber and PPL Corp. , a public utility:
a. Compute for each company the accounts receivable turnover rate for the year.
b. Compute for each company the average number of days required to collect outstanding receivables (round answers to nearest whole day).
c. Explain why the figures computed for Goodyear in parts a and b are so different from those computed for PPL.
a. Compute for each company the accounts receivable turnover rate for the year.
b. Compute for each company the average number of days required to collect outstanding receivables (round answers to nearest whole day).
c. Explain why the figures computed for Goodyear in parts a and b are so different from those computed for PPL.
التوضيح
a)
Accounts receivable turnover ratio is...
Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
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