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Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: a. Determine the accounts receivable turnover for 20Y9
Accounts receivable turnover and days' sales in receivables For two recent years, Robinhood Company reported the following: a. Determine the accounts receivable turnover for 20Y9 and 20Y8. Round answers to one decimal place. 20Y8: X 20Y9: X b. Determine the days' sales in receivables for 20Y9 and 20Y8. Use 365 days and round all calculations to one decimal place. 20Y8: X days 20Y9: days
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