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Morgan had net sales of $310, 000 and average accounts receivable of $75, 600. Its competitor, Stanley, had net sales of $290, 000 and average

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Morgan had net sales of $310, 000 and average accounts receivable of $75, 600. Its competitor, Stanley, had net sales of $290, 000 and average accounts receivables of $61, 350. Calculate the accounts receivable turnover for both companies. Which company is doing a better job of managing its accounts receivables

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