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Determine the accounts receivable turnover

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Question - Accounts Receivable Analysis

A company reports the following:

Sales $513,920

Average accounts receivable (net) 64,240

Determine (a) the accounts receivable turnover and (b) the number of days' sales in receivables. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume a 365-day year.

Reference no: EM132190833

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