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Determine the accounts receivable turnover

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Reference no: EM132677732

Question - A company reports the following:

Sales $1,200,000

Average accounts receivable (net) 50,000

Required - Determine the (a) accounts receivable turnover, and (b) number of days' sales in receivables. When required, round your answers to one decimal place. Assume a 365-day year.

Reference no: EM132677732

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