Question: Selected financial statement numbers for Rutherford Company follow Required 1 Using

Selected financial statement numbers for Rutherford Company follow.

Required:
1. Using this information, calculate Rutherford’s receivable turnover ratio (rounded to two decimal places.)
2. Using this information, calculate Rutherford’s asset turnover ratio (rounded to two decimal places) and also convert the ratio into days (rounded to the nearest whole day).

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  • CreatedSeptember 22, 2015
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