Order the answer to: Ortiz Lumber Yard has a…
| Question | Ortiz Lumber Yard has a current accounts receivable balance of $431,287. Credit sales for the year just ended were $3,943,709. 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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| Subject | business-corporate-finance |
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