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Assume selected financial data for Walmart and Target, two close competitors in the retail industry, are as follows: Required: 1-a. Calculate the receivables turnover ratio

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Assume selected financial data for Walmart and Target, two close competitors in the retail industry, are as follows: Required: 1-a. Calculate the receivables turnover ratio and average collection period for Walmart and Target. 1-b. Which company maintains a higher receivables turnover? Walmart Target

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