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    htfaboo4utwo's Avatar
    htfaboo4utwo Posts: 2, Reputation: 1
    New Member
     
    #1

    Sep 4, 2010, 05:44 AM
    Finance me not
    Ortiz Lumber has a current accounts receivable balance of 431, 287. Credit sales for the year just ended were 3943,709. What is the receivables turnover? Days sales in receivables? Number of days for credit customers paid off their accounts during the year?
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
    Uber Member
     
    #2

    Sep 4, 2010, 11:17 PM

    Again, we do not just do your work for you. Please at least make an attempt at this. You should have the equations - all you need do is plug in and solve.

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