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4. Twist Corp. has a current accounts receivable balance of $537,810. Sales for the year just ended were $5,473,640. a. What is the receivables turnover?

4. Twist Corp. has a current accounts receivable balance of $537,810. Sales for the year just ended were $5,473,640.

a. What is the receivables turnover? b. How long did it take, on average, for credit customers to pay off their accounts during the past year?

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