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Posted by on Tuesday, November 9, 2010 at 11:06am.

XYZ's receivables turnover is 10x. The accounts receivable at year-end are $600,000. The average collection period is 36 days. What was the sales figure for the year assuming all sales are on credit?

  • college - , Sunday, September 15, 2013 at 7:40pm

    $2,400,000

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