DeVry NY ACCT 301 Week 3 Homework Assignment 2014

Question

Question # 00026794 Posted By: expert-mustang Updated on: 09/26/2014 11:36 AM Due on: 09/26/2014

Subject Accounting Topic Accounting Tutorials:

Question

Problem 1

Required: Express each income statement component as a percentage of sales, and comment on the trends in each line from 2012 to 2013.

Problem 2

Required: Compute (1) accounts receivable turnover for 2013, (2) the inventory turnover for 2013, and (3) the net margin for 2012.

(25 points)

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score 3 · Accepted Answer · 09/26/2014 11:36 AM

Solution: DeVry NY ACCT 301 Week 3 Homework Assignment 2014

Tutorial # 00026213 Posted By: expert-mustang Posted on: 09/26/2014 11:36 AM

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