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Year EndingApril 2009, 2009 April 30, 2008Net Sales $10,148,082 $10,070,778Accs Receivable 1,171,797 1,161,481Assume that the accounts receivable (in thousands) were $996,852 at the beginning of fiscal year 2008.1) Compute the accounts receivable turnover for 2009 and 2008. Round to one decimal place.2009: ??
2008: ??
2) Compute the days' sales in receivables at the end of 2009 and 2008. Round interim calculations and final answers to one decimal place. Use 365 days per year in your calculations.2009: ??2008: ??
This is the income received but not earned throughout the accounting period. Conversely, this is the income for those services are to be rendered in future. Such income is deducted
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Mission Foods produces two flavors of tacos, chicken and fish, with the following characteristics: Chicken Fish Selling price per taco $3.00 $4.50 Variable cost p
William Potter is a plumber currently operating as a Sole Trader in Levin. William has approached you, a tax accountant, for your advice on certain tax matters. William's brothe
scope and limitations of product costing
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