Pujols lumber yard has a current accounts receivable


Pujols Lumber Yard has a current accounts receivable balance of $441,516. Credit sales for the year just ended were $7,058,320.

What is the receivables turnover?

The days' sales in receivables?

How long did it take on average for credit customers to pay off their accounts during the past year?

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Financial Econometrics: Pujols lumber yard has a current accounts receivable
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