Accounting 2 – 3/14/08
Objective:
- Review topics and assignments that may have been missed due to the schedule/testing
I. Bellwork
A. Based upon the Link answer the following questions.- Accounts Receivable Turnover Ratio
- What is accounts receivable turnover?
- Why is it important to a business?
- What is the formula to measure accounts receivable turnover?
- Why is a high accounts receivable turnover number considered good?
II. Classwork
A. Review your Progress Reports for Missing Work