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Business, 30.10.2021 01:00 juanesmania

2019 2018 Accounts Receivable $ 5,495 $ 5,200 Allowance for Doubtful Accounts (335) (340) Accounts Receivable, Net of Allowance $ 5,160 $ 4,860 Net Sales (assume all on credit) $ 42,000 $ 40,500 Required: Determine the receivables turnover ratio and days to collect for 2019. Do the measures calculated in requirement 1 represent an improvement (or deterioration) in receivables turnover, compared to 2018, when the turnover was 9.8

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2019 2018 Accounts Receivable $ 5,495 $ 5,200 Allowance for Doubtful Accounts (335) (340) Accounts R...
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