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The following Information was taken from Nash Inc.'s trial balances as of December 31, 2012, and December 31, 2013. Required: 1. Calculate the net profit

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The following Information was taken from Nash Inc.'s trial balances as of December 31, 2012, and December 31, 2013. Required: 1. Calculate the net profit margin and accounts receivable turnover for 2013. Assume a 365-day year. Round your answers to two decimal places. Net profit margin Accounts receivable turnover 2. How much does Nash make on each sales dollar? cents 3. How many days does the average receivable take to be paid (assuming all sales are on account)? Round your answer to nearest day. days

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