The company has sales of $10,000,000, total assets of 2,400,000, fixed assets of $1,000,000, inventory of $600,000,

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The company has sales of $10,000,000, total assets of 2,400,000, fixed assets of $1,000,000, inventory of $600,000, and accounts receivable of $500,000. Calculate the company's receivables turnover.

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Fundamentals of Financial Management

ISBN: 978-1285867977

14th edition

Authors: Eugene F. Brigham, Joel F. Houston

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Posted Date: Oct 09, 2023 01:19 AM

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The company has sales of $10,000,000, total assets of 2,400,000, fixed assets of $1,000,000, inventory of $600,000,

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To calculate the companys receivables turnover you can use the following formula ... View the full answer

Fundamentals of Financial Management

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