=+EX 17-9 Accounts receivable analysis obj. 2

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a. Accounts receivable turnover, 2010, 8.0 Xavier Stores Company and Lestrade Stores, Inc., are large retail department stores.

Both companies offer credit to their customers through their own credit card operations. Information from the financial statements for both companies for two recent years is as follows (all numbers are in millions):

Xavier Lestrade