Question: Road Runner Express reported the following rounded amounts ( in millions ) : Required: Determine the receivables turnover ratio and days to collect for 2
Road Runner Express reported the following rounded amounts in millions:
Required:
Determine the receivables turnover ratio and days to collect for
Do the measures calculated in requirement represent an improvement or deterioration in receivables turnover, compared to
when the turnover was
Complete this question by entering your answers in the tabs below.
Determine the receivables turnover ratio and days to collect for Use days in a year. Do not round intermediate
calculations. Round your final answers to decimal place.
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