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What is the change in working capital for
What is the change in working capital for
What is the change in working capital for
January?
February?
March?
P13-3 (similar to) Average production cycle.
Use the following account information to find the average production cycle for
Rian Company.
2013 and 2014 Selected Balance Sheet Accounts of Rian Company
Cash sales
$463,000
Credit sales $573,000
Total sales $1,036,000
Cost of goods sold $607,205
What is the average production cycle for Rian​ Company?
P13-4 (similar to)
Average production cycle.
Use the following account information for Rian Company.
2013 and 2014 Selected Balance Sheet Accounts of Rian Company
12/31/14
12/31/13
Change
Accounts receivable $42,912
$52,041
$9,129
Inventory $62,011
$66,087
$4,076
Accounts payable $29,433
$27,645
$1,788
2014 Selected Income Statement Items for Rian Company
Cash sales ​ $576000
Credit sales ​ $500000