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Star Look Co. has a current accounts receivable balance of Br. 392,164. Credit sales for the year just ended were Br. 2,105,620. What is the
Star Look Co. has a current accounts receivable balance of Br. 392,164. Credit sales for the year just
ended were Br. 2,105,620. What is the receivables turnover? How long did it take on average for credit
customers to pay off their accounts during the past year? (Assume 365 days in a year for all of the
questions in the assignment!)
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