Yelich Inc. reports annual credit sales of $1,800,000. Its accounts receivable throughout the year averaged $150,000. a.

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Yelich Inc. reports annual credit sales of $1,800,000. Its accounts receivable throughout the year averaged $150,000.
a. Compute the company’s accounts receivable turnover rate.
b. Compute the average days outstanding of the company’s accounts receivable (round your result to the nearest whole day).

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