If the balance sheet reports accounts receivable of 53213, Financial Management

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If the balance sheet reports accounts receivable of 53213

-Suppose Lacey Corporation has total credit sales of $769,000. If the balance sheet reports accounts receivable of $53,213, what is Lacey's average collection period? (assume a 365-day year.)?

- What is the current ratio if cash is $8,000, accounts receivable are $22,000, inventories are $29,000, accounts payable are $42,000, and accrued payroll is $14,000 ?

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Financial Management: If the balance sheet reports accounts receivable of 53213

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Financial Management: If the balance sheet reports accounts receivable of 53213

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