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Benton, Incorporated, has an average collection period of 24 days. Its average daily investment in receivables is $49,300. a. What is the receivables turnover? Note:

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Benton, Incorporated, has an average collection period of 24 days. Its average daily investment in receivables is $49,300. a. What is the receivables turnover? Note: Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616. b. What are annual credit sales? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16

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