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A company reports the following: Sales $477,785 Average accounts receivable (net) 62,050 Round your answers to one decimal place. Assume a 365-day year. a. Determine

A company reports the following:

	Sales	$477,785
	Average accounts receivable (net)	62,050

Round your answers to one decimal place. Assume a 365-day year.

a. Determine the accounts receivable turnover.

b. Determine the number of days' sales in receivables.

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