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Suppose the 2025 financial statements of 3M Company report credit sales of $23.70 billion. Accounts receivable (net) are $2.80 billion at the beginning of
Suppose the 2025 financial statements of 3M Company report credit sales of $23.70 billion. Accounts receivable (net) are $2.80 billion at the beginning of the year and $3.20 billion at the end of the year. (a1) Compute 3M's accounts receivable turnover. (Round answer to 1 decimal place, e.g. 12.5.) Accounts receivable turnover times
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Accounting Information Systems The Processes and Controls
Authors: Leslie Turner, Andrea Weickgenannt
2nd edition
9781118473030, 1118162307, 1118473035, 978-1118162309
