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ULUNUH Business Course Preparing The Cash Return to course Question 10 Not yet answered Marked out of 5.00 P Flag question Computing Activity Ratios Selected

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ULUNUH Business Course Preparing The Cash Return to course Question 10 Not yet answered Marked out of 5.00 P Flag question Computing Activity Ratios Selected balance sheet and income statement information follows for R.A. Corporation. R.A. Corporation $ millions April 2. 2020 March 28, 2019 Income statement information: Sales $20.967 $22,353 Cost of goods sold 9,654 9,726 Balance sheet information: Accounts receivable, gross 2,313 2,718 Inventory 3.375 3.126 Accounts payable 468 630 Required Compute the following ratios for its fiscal year ended April 2, 2020. Round your answers to two decimal places (for example, enter 20.46 for 20.4555558). a. Accounts receivable turnover b. Average days to collect receivables Inventory turnover d. Average days in inventory e. Accounts payable turnover f. Average days payable outstanding g Cash conversion cycle B Save Answers

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