A7x inc has an average collection period of 21 days its, Ask an Expert

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A7X, Inc., has an average collection period of 21 days. Its average daily investment in receivables is $80,000.

What is the receivables turnover? (Do not round intermediate calculations and round your answer to 3 decimal places, e.g., 32.161.)

What are annual credit sales? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92165502

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