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If Larry in exercise 5 has accounts receivable of $100,000 rather than $60,000, a. What is Larrys accounts receivable turnover? b. What is Larrys average

If Larry in exercise 5 has accounts receivable of $100,000 rather than $60,000,

a. What is Larrys accounts receivable turnover?

b. What is Larrys average collection period?

c. What should Larry do, if anything?

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