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Questions 2 0 4 B Problem 9-10 eBook ABCD Corporation has credit sales of $10,430,000 and receivables of $1,810,000. Assume there are 365 days
Questions 2 0 4 B Problem 9-10 eBook ABCD Corporation has credit sales of $10,430,000 and receivables of $1,810,000. Assume there are 365 days in a year. Oa. What is the receivables turnover? Round your answer to two decimal places. S 7 R O b. What is the average collection period (days sales outstanding)? Round your answer to the nearest whole number. B days 10 Save Submit Assignment for Grading Question 3 of 10 Check My Work c. If the company offers credit terms of 35 days, are its receivables past due? Round your answer to the nearest whole number. Enter zero if the receivables are not past due. -Select- it is One Ivan Kry days overdue. Check My Work Question 3 of 10
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