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ShipIt Corporation reported the following rounded amounts ( in millions ) : 2 0 1 6 2 0 1 5 Accounts Receivable $ 5 ,
ShipIt Corporation reported the following rounded amounts in millions:
Accounts Receivable $ $
Allowance for Doubtful Accounts
Accounts Receivable, Net of Allowance $ $
Net Sales assume all on credit $ $
Required:
Determine the receivables turnover ratio and days to collect for
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