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Compute phil mickelson company accounts receivable turnover

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Reference no: EM13513173

In 2012, Phil Mickelson Company has net credit sales of $923,795 for the year. It had a beginning accounts receivable (net) balance of $38,275 and an ending accounts receivable (net) balance of $35,988. Compute Phil Mickelson Company's (a) accounts receivable turnover and (b) average collection period in days.

Reference no: EM13513173

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