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Determine the number of days sales in receivables

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Reference no: EM132758004

Problem - A company reports the following:

Sales $832,000

Average accounts receivable (net) 80,000

Determine (a) the accounts receivable turnover. Round to one decimal place.

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

Reference no: EM132758004

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