The following data are taken from the comparative balance sheets of Duncan Data Storage Company. Calculate the

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The following data are taken from the comparative balance sheets of Duncan Data Storage Company. Calculate the accounts receivable turnover for 2020 and 2019 (round to two decimal places). Is the change favourable or unfavourable? Explain why. Compare Duncan?s turnover to the industry average turnover for 2020 of 4.2.

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Fundamental Accounting Principles Volume II

ISBN: 978-1260305838

16th Canadian edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

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