2013 and 2014 Selected Balance Sheet Accounts of Rian Company 2014 Selected Income Statement Items for Rian Company P 13-6 Average collection cycle . Use the following account information for Rian Company . 2013 and 2014 Selected Balance Sheet Accounts of Rian Company 2014 Selected Income Statement Items for Rian Company Cash sales Credit sales Total sales Cost of goods sold
Rian Company had set a target of 23.2 days for the collection cycle for 2014 . If total sales had remained at $ 965000 , how much of the sales revenue would have needed to be cash sales for the company to have met the collection goal ?
P13-7 ( similar to ) Average accounts payable cycle .
Use the following account information to calculate Rian Company ' s average accounts payable cycle .