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Mathis and Hashey are two of the largest and most successful toymakers in the world, in terms of the products they sell and their receivables
Mathis and Hashey are two of the largest and most successful toymakers in the world, in terms of the products they sell and their receivables management practices. To evaluate their ability to collect on credit sales, consider the following information reported in their annual reports (amounts in millions). Calculate the receivables turnover ratios and days to collect for Mathis and Hashey for 2012 and 2011
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