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Accounts receivable analysis A company reports the following: Sales $ 1 , 2 9 0 , 6 4 0 Average accounts receivable ( net )
Accounts receivable analysis
A company reports the following:
Sales
$
Average accounts receivable net
Determine a the accounts receivable turnover and b the days' sales in receivables. Round interim calculations to th nearest dollar and final answers to one decimal place. Assume a day year.
a Accounts receivable turnover
b Days' sales in receivables days
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