Determine the accounts receivable turnover

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A company reports the following:

Sales$3,150,000

Average accounts receivable (net) 210,000

Question 1: Determine the accounts receivable turnover and the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year.

a. Accounts receivable turnover

b. Number of days' sales in receivables

Reference no: EM132486092

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