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Determine the number of days sales in receivables

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Reference no: EM132684237

Problem - Accounts receivable analysis - A company reports the following:

Net sales $1,600,000

Average accounts receivable (net) 100,000

Required -

Determine the accounts receivable turnover. Round to one decimal place.

Determine the number of days' sales in receivables. Round to one decimal place.

Reference no: EM132684237

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