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cvs annual report Activity measures: M. Calculate the accounts receivable turnover and number of days' sales in accounts receivable (based on 365-day year) for the
cvs annual report Activity measures: M. Calculate the accounts receivable turnover and number of days' sales in accounts receivable (based on 365-day year) for the most recent year. a. Accounts receivable turnover: b. Number of days sales in accounts receivable: N. Based on your analysis in part M), do you believe that the company is doing an effective job at managing accounts receivable? What would you estimate the industry averages for the accounts receivable turnover and number of days' sales in accounts receivable? Explain. O. Calculate the inventory turnover and number of days' sales in inventory (based on a 365-day year) for the most recent year. a. Inventory turnover: b. Number of days
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