Account Ratio問題 day of rec'd

2010-06-26 6:01 am
If annual repor shown that

In B/S:
Trade and other receivablees = $1759

In I/S
Sales = $9917
Excise duties = $(2436)
Net Sales =$7481

Number of days of receivables的分子應該用 $9917 or $7481 ??
可否略加解釋用$9917 or $7481 的原因ar

many thx !!!!!

回答 (1)

2010-06-29 7:00 am
✔ 最佳答案
Sales is the cash to be received (i.e. receivable)
Excise duties are expenses paid.

So days of receivable should use sales, i.e. 9917


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