DarcieMATHlin5074 DarcieMATHlin5074

03-06-2023
Business

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Accounts Receivable Analysis A company reports the following: Sales $797,160 Average accounts receivable (net) 61,320 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. a. Accounts receivable turnover b. Number of days' sales in receivables days

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