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Ortiz Lumber Yard has a current accounts receivable balance of $397,615. Credit sales for the year just ended were $2,935,600. Required: (a) What is the

Ortiz Lumber Yard has a current accounts receivable balance of $397,615. Credit sales for the year just ended were $2,935,600.
Required:
(a) What is the receivables turnover?
(b) What is the days' sales in receivables?

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