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Accounts receivable turnover for 2013

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Reference no: EM13919028

Analyzing Accounts Receivable

Trend Industries Company reported the following amounts on its 2012 and 2013 financial statements:

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1. Compute the accounts receivable turnover for 2013. Round your answer to two decimal places.

2. What is the average collection period during 2013? Round your calculations and final answer to two decimal places. (Use 365 days.)

Reference no: EM13919028

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