(d) Calculate the receivables turnover ratio and average collection period. (Round receivables turnover to 1 decimal...
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(d) Calculate the receivables turnover ratio and average collection period. (Round receivables turnover to 1 decimal place, eg. 5.2. Round average collection period to nearest whole day, eg. 15.) Receivables turnover ratio Average collection period 5.3 times days (d) Calculate the receivables turnover ratio and average collection period. (Round receivables turnover to 1 decimal place, eg. 5.2. Round average collection period to nearest whole day, eg. 15.) Receivables turnover ratio Average collection period 5.3 times days
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