Calculate the receivables turnover ratio for the month of January. (Hint: For the numerator, use...
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Accounting
Calculate the receivables turnover ratio for the month of January. Hint: For the numerator, use total services provided to customers on account. If the industry average of the receivables turnover ratios for the month of January is times, is the company collecting cash from customers more or less efficiently than other companies in the same industry?
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