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Determine the accounts receivable turnover

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Reference no: EM133110125

Question - Accounts Receivable Analysis - A company reports the following:

Sales $1,233,700

Average accounts receivable (net) 47,450

Required - Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Assume a 365-day year.

Reference no: EM133110125

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