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Sales = $3,650,000 Total asset turnover = 4 Current ratio = 3:1 Quick ratio = 2:1 Current liabilities to net worth = 30% Average collection
Sales = $3,650,000 Total asset turnover = 4 Current ratio = 3:1 Quick ratio = 2:1 Current liabilities to net worth = 30% Average collection period = 20 days Total debt to total assets = 0.4 Required: Calculate the accounts receivable
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