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Below are amounts for two companles: Required: 1. For each company, calculate the recelvables turnover ratio. 2. Which company appears more efficient in collecting cash

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Below are amounts for two companles: Required: 1. For each company, calculate the recelvables turnover ratio. 2. Which company appears more efficient in collecting cash from sales? Complete this question by entering your answers in the tabs below. For each company, calculate the receivables turnover ratio. (Round your answers to 2 decimal places,) Which company appears more efficient in collecting cash from sales

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