Financial Accounting – Week 3 Assignment

Wk 3 Problem

In the Cases & Projects section at the back of Chapter 9 in your textbook, find and complete problem “CP 9-6 Accounts receivable turnover and days’ sales in receivables.” Be sure to complete all steps and sections of the problem and show all your work. Clearly label your answers, and make sure your responses to numbers 3 and 4 are in complete sentences. Submit all your documentation for the problem to the dropbox for grading.

GRADING ASSIGNMENT CRITERIA	MAXIMUM POINTS
Demonstrates knowledge and understanding of accounts receivables	50
Shows necessary calculations for accounts receivable turnover and days’ sales receivables, and substantive responses to conclusion questions.	40
Mechanics and clarity of work. When applicable, punctuation, sentence structure, spelling and citation of sources.	10