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Macroware Corporation reported the following information in its financial statements for three successive quarters ( $ in milions): Required: Compute the receivables tumover ratio and

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Macroware Corporation reported the following information in its financial statements for three successive quarters ( $ in milions): Required: Compute the receivables tumover ratio and the average collection period for Q4 and Q3, Assume that each quarter consists of 9 days: Note: Round "Recelvobles turnover ratio" answers to 3 decimal ploces ond "Average collection period" onswers to 2 decimal ploces

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