Unique Uniforms generally has accounts receivables that equal $480,000. If the accounts receivables turnover for the company

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Unique Uniforms generally has accounts receivables that equal $480,000. If the accounts receivables turnover for the company is 12, what is its
(a) Receivables collection period (DSO)
(b) Annual credit sales?

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Principles of Finance

ISBN: 978-1285429649

6th edition

Authors: Scott Besley, Eugene F. Brigham

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