Caraway Company's Net Accounts Receivable Was $300,000 at December 31,2012

question 62

Essay

Caraway Company's net accounts receivable was $300,000 at December 31,2012 and $450,000 at December 31,2013.Net cash sales for 2008 were $425,000.The accounts receivable turnover for 2013 was 7.0,and this turnover figure was computed from net credit sales for the year.
Required:
What were Caraway's total net sales for 2013? 

Utilize effective strategies for error prevention and management in documentation.

Demonstrate knowledge of documentation as a tool for communication among interdisciplinary teams.

Understand the role of documentation in patient safety and quality of care.

Recognize the importance of discharge planning and patient education documentation.

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Definitions:

Price Ceiling

A legal maximum price set by the government for a particular good or service, intended to prevent prices from becoming excessively high.

Shortage

A situation where the demand for a product exceeds its supply in a market.

Units

The fundamental quantities or measurements in which variables, goods, services, or products are expressed or quantified.

Price Floor

A legally imposed minimum price set above the equilibrium price, preventing the market price from falling below a certain level.