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Macroware Corporation reported the following information in its financial statements for three successive quarters ( $ in millions ) : Required: Compute the receivables turnover

Macroware Corporation reported the following information in its financial statements for three successive quarters ( $ in millions):
Required:
Compute the receivables turnover ratio and the average collection period for Q4 and Q3. Assume that each quarter consists of 91
days.
Note: Round "Recelvables turnover ratlo" answers to 3 declmal places and "Averoge collectlon perlod" answers to 2 decimal
pleces.
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