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A company reports the following: Determine ( a ) the accounts receivable turnover and ( b ) the number of days' sales in receivables. Round
A company reports the following:
Determine a the accounts receivable turnover and b the number of days' sales in receivables. Round interim calculations to the nearest dollar and final
answers to one decimal place. Assume a day year.
a Accounts receivable turnover
b Number of days' sales in receivables
days
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