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1. Compute the Accounts Receivable Turnover and Determine the Days Sales Outstanding for each company. The industry average for Days Sales Outstanding has been provided.
1. Compute the Accounts Receivable Turnover and Determine the Days Sales Outstanding for each company. The industry average for Days Sales Outstanding has been provided. Assume that 95% of Company A's sales are credit sales and 90% of Company B's sales are 1. Compute the Accounts Receivable Turnover and Determine the Days Sales Outstanding for each company. The industry average for Days Sales Outstanding has been provided. Assume that 95% of Company A's sales are credit sales and 90% of Company B's sales are
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