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help 2020 2019 Accounts Receivable $61,000 $85,400 Net Sales 607,560 500,200 Calculate the accounts receivable turnover and the average collection period for accounts receivable in
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2020 2019 Accounts Receivable $61,000 $85,400 Net Sales 607,560 500,200 Calculate the accounts receivable turnover and the average collection period for accounts receivable in days for 2020. (Round account receivable turnover to 1 decimal place, e.g. 15.2 and average collection period to decimal places, e3. 15. Use 365 days for calculation) times Accounts receivable turnover days Average collection period Step by Step Solution
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