Dawkins, Inc., has an average collection period of 33 days. Its average daily investment in receivables is

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Dawkins, Inc., has an average collection period of 33 days. Its average daily investment in receivables is $64,900. What are annual credit sales? What is the receivables turnover?

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Corporate Finance

ISBN: 978-1259918940

12th edition

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan

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Question Posted: Dec 13, 2019 07:21 AM

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Dawkins, Inc., has an average collection period of 33 days. Its average daily investment in receivables is

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Corporate Finance

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