The following information is available for Patterson Company:

ACC 291 Entire Course Link

https://uopcourses.com/category/acc-291/
The following information is available for Patterson Company:

 
2014    
2013    
Accounts receivable
$   360,000
$   340,000
Inventory
280,000
320,000
Net credit sales
3,000,000
2,600,000
Cost of goods sold
1,500,000
840,000
Net income
300,000
170,000
 

7.6 times.

 

8.6 times.

 

8.3 times.

 

4.3 times.

 
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