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(bl Calculate the average number of days required by each company to collect its receivables: (Round answers to 1 decimal place, e.g. 18.4.) Days to
(bl Calculate the average number of days required by each company to collect its receivables: (Round answers to 1 decimal place, e.g. 18.4.) Days to collect days days eTextbook and Media Save for Later Attempts: 0 of 3 used Current Attempt in Progress The financial data for Cullumber Foods Inc. and Ivanhoe Enterprises Ltd. for the current year are as follows (amounts in thousands): Accounts Accounts Annual Sales Receivable Jan. 1 Receivable Dec. 31 Cullumber Foods $60,310 $6.650 $7,670 Ivanhoe Enterprises 29,430 1,850 1,940 (a) Calculate the accounts receivable turnover for each company assuming that all sales are on account. (Round answers to 1 decimal place, e.g. 18.4.) Cullumber Foods Ivanhoe Enterprises Accounts receivable turnover times times eTextbook and Media Save for Later Attempts: 0 of 3 used Submit
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