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Ordonez Lumber Yard has a current accounts receivable balance off $ 900,600. Credit sales for the year just ended were $ 15 million. What is
Ordonez Lumber Yard has a current accounts receivable balance off $ 900,600. Credit sales for the year just ended were $ 15 million. What is the receivables turnover? The days sales in receivables? How long did it take on average for credit customers to pay off their accounts during the past year?
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