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A company reports the following: Sales $720,000 Average accounts receivable (net) 45,000 Determine the (a) accounts receivable turnover, and (b) number of days sales in
A company reports the following:
Sales | $720,000 | |
Average accounts receivable (net) | 45,000 |
Determine the (a) accounts receivable turnover, and (b) number of days sales in receivables. Round your answer to one
decimal place.
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