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A company reports the following: Sales $367,920 Average accounts receivable (net) 30,660 Determine (a) the accounts receivable turnover and (b) the number of days' sales

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A company reports the following: Sales $367,920 Average accounts receivable (net) 30,660 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 year. a. Accounts receivable turnover 12 b. Number of days' sales in receivables 24 X days

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