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or 20 Graded Homework Question 4 of 70 1000 points Evil Pop, Inc., has an average collection period of 29 days Its average daily investment

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or 20 Graded Homework Question 4 of 70 1000 points Evil Pop, Inc., has an average collection period of 29 days Its average daily investment in receivables is $69,300 Assume 365 year What is the receivables tumover? (Do not round intermediate calculations and round your answer to 4 decimal places, 32.1616.) IReceivables turnover limes What are annual credit sales? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16) Annual credit sales llllllllllll References eBook & Resources Learning objective: 20-01 How firms manage their Worksheet receivables and the basic components of a firms credit Difficulty: Basic

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