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A company reports the following:
Sales..............................................................$720,000
Average accounts receivable (net)................45,000?
Determine the (a) accounts receivable turnover and (b) number of days' sales in receivables. Round your answers to onedecimal place.
Uniform Partnership Act (UPA)
The original partnership statute written by the National Conference of Commissioners on Uniform State Laws.
Monthly Wages
Regular payments made to employees for their work on a monthly basis.
Capital Contributions
Funds or assets provided by the owners or partners of a business to finance its operations, expansion, or other capital needs.
Appointment
The act of selecting an individual for a particular role or task, often related to a job or official position.
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