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

  1. What is accounts receivable turnover?
  2. Why is it important to a business?
  3. What is the formula to measure accounts receivable turnover?
  4. Why is a high accounts receivable turnover number considered good?

II. Classwork

A. Review your Progress Reports for Missing Work


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