Credit sales for the year just ended were 3943709 what is


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 receivable 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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Finance Basics: Credit sales for the year just ended were 3943709 what is
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