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Compute the accounts receivable days outstanding

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Reference no: EM132317004

Question

The following information is available for Edmiston Company.

Beginning accounts receivable  $70,000

Ending accounts receivable      110,000

Net sales                              990,000

Compute the following to one decimal place each:

1. Accounts receivable turnover

2. Accounts receivable days outstanding.

Reference no: EM132317004

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