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QUESTION

Accounts Recievable.$272,000(January).$292,000(December) Merchdise Inventory.$304,000(January).$319,000(Dec.) Net credit sales.$2,300,000(Dec) Cost...

Accounts Recievable........$272,000(January)......$292,000(December)

Merchdise Inventory.....$304,000(January).........$319,000(Dec.)

Net credit sales............................................$2,300,000(Dec)

Cost of Goods sold......................................$1,200,000(Dec)

Inventory turnover____________times?

Accounts receivable turnover ____________times?

Average collection period of accounts receivable

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