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Smiley Jams and Sir Tomato are two well-recognized brands at the dinner table. To evaluate their ability to collect on credit sales, consider the following
Smiley Jams and Sir Tomato are two well-recognized brands at the dinner table. To evaluate their ability to collect on credit sales, consider the following rounded information in their annual reports (amounts in millions). 1. Calculate the receivables turnover ratios and days to collect for Smiley Jams and Sir Tomato for the years ended April 30, 2013 and 2012
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