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A company reports the following: Sales $1,154,130 Average accounts receivable (net) 67,890 Determine (a) the accounts receivable turnover and (b) the number of days' sales
A company reports the following: Sales $1,154,130 Average accounts receivable (net) 67,890 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 365-day yea
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Financial Accounting And Reporting
Authors: Mr Barry Elliott, Jamie Elliott
10th Edition
0273703641, 978-0273703648
