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Analyzing the Allowance for Uncollectible Accounts Following is the current asset section from the Ralph Lauren Corporation balance sheet: Round percentages one decimal place (i.e.,

image text in transcribed Analyzing the Allowance for Uncollectible Accounts Following is the current asset section from the Ralph Lauren Corporation balance sheet: Round percentages one decimal place (i.e., 0.2538=25.4% ) Ralph Lauren reported net sales of $7,347 million in 2014. Compute its accounts receivable turnover and average collection period. Round answers to one decimal place

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