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Presented below is information for Coronado Company. Beginning - of - the - year Accounts Receivable balance was $ 2 4 , 4 0 0
Presented below is information for Coronado Company.
Beginningoftheyear Accounts Receivable balance was $
Net sales all on account for the year were $ Coronado does not offer cash discounts.
Collections on accounts receivable during the year were $
a
Account Titles and Explanation
Debit
Credit
b
Compute Coronado's accounts receivable turnover for the year, assuming the receivables are sold. Round answers to decimal places, eg Use days for calculation.
Accounts receivable turnover
Days to collect accounts receivable
days
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