Question: E6-24 (Algo) Computing and Interpreting the Receivables Turnover Ratio L06-3 A recent annual report for NPS contained the following data (dollars rent Year Less Allowance
E6-24 (Algo) Computing and Interpreting the Receivables Turnover Ratio L06-3 A recent annual report for NPS contained the following data (dollars rent Year Less Allowance for doubtful accounts Net s receivable et sales ( all on credit) and Prev eal 4.647,000 141.000 109.000 Required: 1. Determine the receivables turnover ratio and average days sales in recewables for the current year (Use 365 days a year. Do not round intermediate calculations. Enter your answers in thousands not in dollars.) Receivables Turnover Ratio Average Days Sales in Receivables
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