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A company reports the following: Sales $ 8 2 1 , 2 5 0 Average accounts receivable ( net ) 3 2 , 8 5
A company reports the following:
Sales
$
Average accounts receivable net
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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