Tires Inc reports 2012 revenue of $20 billion

Question # 00693910 Posted By: rey_writer Updated on: 06/02/2018 07:00 AM Due on: 06/02/2018
Subject Accounting Topic Accounting Tutorials:
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Tires Inc reports 2012 revenue of $20 billion. During 2012, its A/R rose by $0.8 billion, A/P increased by $1.3 billion, inventories decreased by $0.2 billion and unearned revenue increased by $0.6 billion. Its ratio of revenue to cash collected from customers of 2012 is closest to:


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