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K Unique Media Sign sells on account. Recently, Unique reported the following figures: Net Credit Sales Net Receivables at end of year Read the requirements.
K Unique Media Sign sells on account. Recently, Unique reported the following figures: Net Credit Sales Net Receivables at end of year Read the requirements. $ 2024 2024 594,920 $ 38,500 2023 602,000 47,100 Requirement 1. Compute Unique's days' sales in receivables for 2024. (Round to the nearest day.) First calculate the accounts receivable turnover. (Abbreviations used: AR turn = accounts receivable turnover ratio, Cash Cash including cash equivalents, ST invest. = short-term investments. Round the accounts receivable turnover ratios to two decimals, X.XX.) AR turn
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