Question: EX2 The following current year information is available from a manufacturing company: Sales Gross profit on sales Operating income Income before taxes Net income Accounts

EX2 The following current year information is available from a manufacturing company: Sales Gross profit on sales Operating income Income before taxes Net income Accounts Receivable, beginning-year Accounts Receivable, end-of-year $740,000 276,000 64,000 44,000 33,600 58,000 72,000 Calculate the company's accounts receivable turnover and its days' sales uncollected

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