hardwick744

19.10.2021 • 

Business

Excerpts from Dowling Company's December 31, 2021 and 2020, financial statements and key ratios are presented below (all numbers are in millions): 2021 2020
Accounts receivable (net) $ 24 $ 13
Net sales $ 119 $ 104
Cost of goods sold $ 64 $ 59
Net income $ 24 $ 21
Inventory turnover 5.40
Return on assets 10.20%
Equity multiplier 2.40
Dowling's 2021 average collection period is:___.
a. 7.7%.
b. 16.7%.
c. 31.1%.
d. 24.1%.

Ответ:

oceaneyez

18.02.2020

Business

---

Sustainability is very good for a government so the people can trust them more

---

0,0(0 оценок)