ACC 560 MART Extraordinary Life/acc560mart.com ACC 560 MART Extraordinary Life/acc560mart.com | Page 63

c. Accounts receivable turnover. d. Inventory turnover. E14-11
Wiemers Corporation ' s comparative balance sheets are presented on the next page.
WIEMERS CORPORATION Balance Sheets December 31
2017 2016
Cash
$
4,300
$
3,700
Accounts receivable( net) 21,200 23,400
Inventory 10,000 7,000
Land 20,000 26,000
Buildings 70,000 70,000
Accumulated depreciation— buildings( 15,000)( 10,000)
Total $ 110,500 $ 120,100