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Dahlia Corporation has a current accounts receivable balance of $ 3 2 9 , 8 0 0 . Credit sales for the year just ended
Dahlia Corporation has a current accounts receivable balance of $ Credit sales for the year just ended were $
a What is the company's receivables turnover? Do not round intermediate calculations and round your answer to decimal places, eg
b What is the company's days' sales in receivables? Use days a year. Do not round intermediate calculations and round your answer to decimal places, eg
c How long did it take on average for credit customers to pay off their accounts during the past year? Use days a year. Do not round intermediate calculations and round your answer to decimal places, eg
tablea Receivables turnover,,timesb Days' sales in receivables,,daysc Average collection period,,days
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