A company reports the following:
Determine the (a)accounts receivable turnover,and (b)number of days' sales in receivables.Round your answer to one
decimal place.
Definitions:
U.S. Department of Treasury
A cabinet-level department of the federal government responsible for managing government revenue, producing currency, and implementing fiscal policies.
Person's Age
This refers to the length of time that an individual has lived, typically measured in years from the date of birth.
Securities
Financial instruments that represent obligations on the part of the issuers to provide the purchasers with expected stated returns on the funds invested or loaned.
Financial Instruments
Contracts and securities that represent a financial value or obligation, such as stocks, bonds, options, and futures.
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