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Shiplt Corporation reported the following rounded amounts (In millions): Required: 1. Determine the recelvables turnover ratlo and days to collect for 2019. 2. Do the
Shiplt Corporation reported the following rounded amounts (In millions): Required: 1. Determine the recelvables turnover ratlo and days to collect for 2019. 2. Do the measures calculated In requlrement 1 represent an Improvement (or deterloration) In recelvables turnover, compared to 2018 , when the turnover was 10.6 ? Complete this question by entering your answers in the tabs below. Determine the receivables turnover ratio and days to collect for 2019. (Use 365 days in a year. Do not round intermediate calculations. Round your final answers to 1 decimal place.) Shiplt Corporation reported the following rounded amounts (In millions): Requlred: 1. Determine the recelvables turnover ratio and days to collect for 2019. 2. Do the measures calculated In requlrement 1 represent an Improvement (or deterioration) In recelvables turnover, compared to 20 when the turnover was 10.6 ? Complete this question by entering your answers in the tabs below. Do the measures calculated in requirement 1 represent an improvement (or deterioration) in receivables turnover, compared to 2018 , when the turnover was 10.6
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