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3. NewOne Inc. has a current accounts receivable balance of $347,615. Credit sales for the year just ended were $2,936,600. What is the receivables turnover?

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3. NewOne Inc. has a current accounts receivable balance of $347,615. Credit sales for the year just ended were $2,936,600. What is the receivables turnover? What is the days' sales' in receivables? (Remember: 365 days/RT) What does this mean exactly

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