What are annual credit sales

Reference no: EM13266095

Rise Above This, Inc., has an average collection period of 64 days. Its average daily investment in receivables is $42,800. Assume 365 days per year.

What is the receivables turnover? (Round your answer to 4 decimal places.

What are annual credit sales?

Reference no: EM13266095

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What are annual credit sales : Rise Above This, Inc., has an average collection period of 64 days. Its average daily investment in receivables is $42,800. Assume 365 days per year.

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