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Accounts Receivable Turnover and Average Collection Period The Longo Corporation disclosed The following financial information (in millions) in its recent annual report: Calculate the accounts

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Accounts Receivable Turnover and Average Collection Period The Longo Corporation disclosed The following financial information (in millions) in its recent annual report: Calculate the accounts receivable turnover ratio for both years. Calculate the average collection period for both years. Is the company's accounts receivable management improving or deteriorating

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