Calculate the accounts receivable turnover for each company

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Reference no: EM133417283

Question: The financial data for Wildhorse Foods Inc. and Blossom Enterprises Ltd. for the current year are as follows (amounts in thousands): Accounts Receivable Jan. 1 Accounts Receivable Dec. 31 Annual Sales $7,700 $6,540 $57,770 Wildhorse Foods 2.110 1,870 27.910 Blossom Enterprises (a) Calculate the accounts receivable turnover for each company assuming that all sales are on account.

Reference no: EM133417283

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