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Given the information in the Tableau worksheet, please answer the favorable company's average collection period in days. I will give a thumbs up for the
Given the information in the Tableau worksheet, please answer the favorable company's average collection period in days. I will give a thumbs up for the right answer! Thank you!!
2. Unce Complete, Save the file as "DAI_Your Initials.twbX. Required: Based upon what you find, answer the following questions: A. What is the receivables turnover ratio for Big Store (a) in 2012 and (b) in 2021? B. What is the receivables turnover ratio for Discount Goods (a) in 2012 and (b) in 2021? C. Which company exhibited more favorable receivables management, as measured by average collection period, in 2020, Big Store or Discount Goods? What was that company's average collection period, and is it longer or shorter than the industry average in 2020? The average collection period for the retail industry sector is 4.0 in 2020 and 5.1 in 2021. D. Which company exhibited more favorable receivables management, as measured by average collection period, in 2021, Big Store or Discount Goods? What was that company's average collection period, and is it longer or shorter than the industry average in 2021? X Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Reg A Reg C and B and D Which company exhibited more favorable receivables management, as measured by average collection period, in 2020 and 2021, Big Store or Discount Goods? What was that company's average collection period, and is it longer or shorter than the industry average in 2020 and 2021? (Round your answers to 2 decimal places.) Show less A Company with more favorable receivables management Favorable Company's average collection period in days Favorable Company's collection period longer or shorter than industry average Discount Goods 3.51 Shorter days Big Store 5.20 Shorter 0 daysStep by Step Solution
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