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The following data are taken from the financial statements of Sheridan Company. 2 0 2 2 2 0 2 1 Accounts receivable ( net )
The following data are taken from the financial statements of Sheridan Company. Accounts receivable net end of year $ $ Net sales on account Terms for all sales are na Compute for each year the accounts receivable turnover. At the end of accounts receivable net was $Round answers to decimal place, egaCompute for each year the average collection period. At the end of accounts receivable net was $Use days for calculation. Round answers to decimal place, eg
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