ACC 560 MART Extraordinary Success/acc560mart.com ACC 560 MART Extraordinary Success/acc560mart.com | Page 80

Corporation's common stock is selling for $76 per share on the New York Stock Exchange. Ale Corporation's price-earnings ratio is Question 3 Blaney Clothing Store had a balance in the Accounts Receivable account of $437,500 at the beginning of the year and a balance of $500,000 at the end of the year. Net credit sales during the year amounted to $3,000,000. The average collection period of the receivables in terms of days was Question 4 In analyzing the financial statements of a company, a single item on the financial statements Question 5 Comparisons of financial data made within a company are called Question 6 Assume the following sales data for a company: 2017 $945,000 2016 877,500 2015 675,000