(Working with the accounts receivable turnover ratio, LO 5) During 2004 Oderin Inc. (Oderin) reported revenue of...
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(Working with the accounts receivable turnover ratio, LO 5) During 2004 Oderin Inc. (Oderin) reported revenue of $2,356,000. Oderin’s accounts receivable turnover ratio for 2004 was 5.18. What was Oderin’s average amount of accounts receivable during 2004?
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