Question
Dahlia Corporation has a current accounts receivable balance of $447,516. Credit sales for the year just ended were $8,105,305. What is the receivables turnover? Note:
Dahlia Corporation has a current accounts receivable balance of $447,516. Credit sales for the year just ended were $8,105,305.
What is the receivables turnover?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
What is the days sales in receivables?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
How long did it take, on average, for credit customers to pay off their accounts during the past year?
Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.
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