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<\/div><\/div><\/div> eCampus: Home X Content X Connect X G noise notice to tenant - Google S x + X - > C a ezto.mheducation.com\/ext\/map\/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252FIms.mheducation.com%252Fmghmiddleware%252Fmheproducts%252FImsCloseWindow.htm#\/activity\/. Wk 2 - Apply: Week 2 Exercise [due Mon] Saved Help Save & Exit Submit 3 Packaging Corporation of America produces containerboard and white papers. KapStone Paper and Packaging Corporation manufactures unbleached kraft paper products and corrugated products. Financial statement data for these two companies follow: Packaging Corporation of America ($ in millions of dollars) 2011 2012 2013 2014 Sales $2, 843.9 $3, 665.3 $5, 852 . 6 30 Accounts receivable at December 31 $320.0 352. 1 643.1 646. 1 points KapStone Paper and Packaging Corporation eBook ($ in millions of dollars) 2011 2012 2013 2014 Sales $1, 216.6 $1, 748.2 $2, 300.9 References Accounts receivable at December 31 $108.3 111. 6 232.3 228.7 Required: 1. Determine the receivables turnover ratios for both companies for 2012, 2013, and 2014. (Use 365 days in a year. Round your answers to 1 decimal place.) 2. Which company collected its accounts receivable more quickly in 2014? 3. Which company showed more improvement in accounts receivable collection over the period presented? 1 . Packaging Corporation of America Turnover 2012 2013 2014 KapStone Paper and Packaging Corporation 2012 2013 2014 Mc Graw 3 of 3 Next > ducation",
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"related_book": {
"title": "Core Macroeconomics",
"isbn": "978-1429278478, 1429278471, 978-1429278492, 1429278498, 1464191433, 978-1464191435",
"edition": "3rd edition",
"authors": "Eric Chiang",
"cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/648.jpg",
"uri": "\/textbooks\/core-macroeconomics-3rd-edition-648",
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"question_posted": "2024-06-28 09:41:19",
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