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Road Runner Express reported the following rounded amounts ( in millions ) : Required: Determine the receivables turnover ratio and days to collect for 2
Road Runner Express reported the following rounded amounts in millions:
Required:
Determine the receivables turnover ratio and days to collect for
Do the measures calculated in requirement represent an improvement or deterioration in receivables turnover, compared to
when the turnover was
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Required
Determine the receivables turnover ratio and days to collect for Use days in a year. Do not round intermediate
calculations. Round your final answers to decimal place.
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