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A company reports the following: Sales Average accounts receivable (net) $958,125 54,750 Round your answers to one decimal place. Assume a 365-day year. a.
A company reports the following: Sales Average accounts receivable (net) $958,125 54,750 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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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
7th edition
978-1118344262, 111834426X, 1118162285, 978-1118562208, 1118562208, 978-1118162286
