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Evaluating Accounts Receivable Turnover for Competitors The Procter & Gamble Company and Colgate-Palmolive Company report the following sales and accounts receivable balances. a. Compute the
Evaluating Accounts Receivable Turnover for Competitors The Procter \& Gamble Company and Colgate-Palmolive Company report the following sales and accounts receivable balances. a. Compute the accounts receivable turnover and DSO for both companies for 2018. Note: Do not round until your final answer. Note: Round your final answers to one decimal place (for example, enter 6.8 for 6.77555 ). b. Which company collects its accounts receivable more quickly
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