Click on the icon in order to copy its content 2014 Selected Income Statement Items for Rian Company $530,000 $656,000 $1,186,000 $622,184 to a spreadsheet Cash sales Credit sales Total sales Cost of goods sold Rian Company had set a target of 25.1 days for the collection cycle for 2014. If total sales had remained at $1,186,000, how much of the sales revenue would have heeded to be cash sales for the company to have met the collection goal? f total sales had remained at $1,186,000, how much of the sales revenue would have needed to be cash sales for the company to meet the collection goal? (Round to the nearest dollar.)

Click on the icon in order to copy its content 2014 Selected Income Statement Items for Rian Company $530,000 $656,000 $1,186,000 $622,184 to a spreadsheet Cash sales Credit sales Total sales Cost of goods sold Rian Company had set a target of 25.1 days for the collection cycle for 2014. If total sales had remained at $1,186,000, how much of the sales revenue would have heeded to be cash sales for the company to have met the collection goal? f total sales had remained at $1,186,000, how much of the sales revenue would have needed to be cash sales for the company to meet the collection goal? (Round to the nearest dollar.)

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter9: Accounting For Receivables

Section: Chapter Questions

Problem 8EB: Using the following select financial statement information from Mover Supply Depot, compute the...

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