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Morgan had net sales of $1,001,105 and average accounts receivable of $156,200. Its competitor, Stanfey, had net sales of $1,050,600 and average accounts receivable of

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Morgan had net sales of $1,001,105 and average accounts receivable of $156,200. Its competitor, Stanfey, had net sales of $1,050,600 and average accounts receivable of $141,300. (a) Calculate the accounts receivable turnover for both companies. (b) Which company is doing a better job of managing its accounts receivables? Complete this question by entering your answers in the tabs below. Compute accounts receivable turnover for both companies. Morgan had net sales of $1,001,105 and average accounts receivable of $156,200. Its competitor, Stanley, had net sales of $1,050,600 and average accounts recelvable of $141,300. (a) Calculate the accounts receivable turnover for both companies. (b) Which company is doing a better job of managing its accounts receivables? Complete this question by entering your answers in the tabs below. Which company is doing a better job of managing its accounts receivables? Which company is doing a better job of managing its accounts receivables

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