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Dawkins, Inc., has an average collection period of 33 days. Its average daily investment in receivables is $64,900. What is the receivables turnover? (Use 365

Dawkins, Inc., has an average collection period of 33 days. Its average daily investment in receivables is $64,900.

What is the receivables turnover? (Use 365 days a year. Round your answer to 4 decimal places, e.g., 32.1616.)

What are annual credit sales? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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Dawkins, Inc., has an average collection period of 33 days. Its average daily investment in receivables is $64,900. What is the receivables turnover? (Use 365 days a year. Round your answer to 4 decimal places, e.g., 32.1616.) What are annual credit sales? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) Answer is complete but not entirely correct. 11.0600 X times Receivables turnover Annual credit sales 717,833.33

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