Solution-What is the receivables turnover

What is the receivables turnover

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Question - Rose, Inc., has an average collection period of 18 days. Its average daily investment in receivables is $77,000.

Required -

a. What is the receivables turnover?

b. What are annual credit sales?

Reference no: EM132829649

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What is the receivables turnover : Rose, Inc., has an average collection period of 18 days. Its average daily investment in receivables is $77,000. What is the receivables turnover

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What is the receivables turnover

Reference no: EM132829649

Reference no: EM132829649

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