Essay
Rome Company's net accounts receivable was $200,000 at December 31,2013 and $350,000 at December 31,2014.Net cash sales for 2014 were $250,000.The accounts receivable turnover for 2014 was 8.0,and this turnover figure was computed from net credit sales for the year.
Required:
What were Rome's total net sales for 2014?
Correct Answer:
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$2,450,000
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Correct Answer:
Verified
Feedback:Total net sales equa...
View Answer
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