Evil pop inc has an average collection period of 50 days, Ask an Expert

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Evil Pop, Inc., has an average collection period of 50 days. Its average daily investment in receivables is $44,300. Assume 365 days per year.

What is the receivables turnover? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) Receivables turnover times

What are annual credit sales?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91608450

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