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A company reports the following: Sales Average accounts receivable (net) $1,236,620 102,200 Determine (a) the accounts receivable turnover and (b) the days sales in
A company reports the following: Sales Average accounts receivable (net) $1,236,620 102,200 Determine (a) the accounts receivable turnover and (b) the days sales in receivables. When required, round your answers to one decimal place. Assume a 365-day year. a. Accounts receivable turnover b. Days' Sales in Recaivables days
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Introduction to Accounting An Integrated Approach
Authors: Penne Ainsworth, Dan Deines
6th edition
78136601, 978-0078136603
