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eBook Show Me How Calculator Accounts Receivable Analysis The following data are taken from the financial statements of Slomon Inc. Terms of all sales are

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eBook Show Me How Calculator Accounts Receivable Analysis The following data are taken from the financial statements of Slomon Inc. Terms of all sales are 2/10, 1/45. 2013 2012 2011 Accounts receivable, end of year $725,000 $650,000 $600,000 Sales on account 5,637,500 4,687,500 a. For 2012 and 2003, determine (1) the accounts receivable turnover and (2) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year 2013 2012 1. Accounts receivable turnover 2. Number of days' sales in receivables days days This can be seen in both the in accounts receivable turnover and the b. The collection of accounts receivable has in the collection period. Check My Work Previous Next All work saved. Save and Exit Submit Assignment for Grading

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