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Bill's Produce does 60 percent of its business during June, July, and August. Required: a. Compute the days' sales in receivables for July 31, 2012,

image text in transcribed Bill's Produce does 60 percent of its business during June, July, and August. Required: a. Compute the days' sales in receivables for July 31, 2012, and December 31, 2012, based on the data above. b. Compute the accounts receivable turnover for the period ended July 31, 2012, and December 31, 2012. c. Comment on the results from (a) and (b)

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