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Compute the ratios of receivable turnover

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Reference no: EM13511819

Graff Company has cash of $40,000, net accounts receivable of $90,000, and net sales of $720,000. Last year's net accounts receivable were $70,000. Compute the following ratios:

(a) Receivable turnover and

(b) Days sales uncollected.

Reference no: EM13511819

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