Rise above this inc has an average collection period of 27


Rise Above This, Inc., has an average collection period of 27 days. Its average daily investment in receivables is $43,300. Assume 365 days per year. What is the receivable turnover (4 decimal places) and annual credit sales?

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Finance Basics: Rise above this inc has an average collection period of 27
Reference No:- TGS0620675

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