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8-10B. Accounts Receivable Turnover and Average Collection Period The Yale Corporation disclosed the following financial information (in millions) in its recent annual report: a. Calculate
8-10B. Accounts Receivable Turnover and Average Collection Period The Yale Corporation disclosed the following financial information (in millions) in its recent annual report: a. Calculate the accounts receivable turnover ratio for both years. b. Calculate the average collection period for both years. c. Is the company's accounts receivable management improving or deteriorating
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