Question

Again, refer to the balance sheet to answer the following questions:
1. Compute the accounts receivable turnover ratio for the two most recent years. Net accounts receivable at the end of 2006 was $2,709 million. You’ll need this along with the 2007 and 2008 balances to compute the ratios. In which year did the company collect receivables the quickest? How can you tell?
2. For the most recent year, how long does it take on average for Intel to collect its accounts receivable?



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  • CreatedSeptember 01, 2014
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