Do It! Review 8-4 In 2017, Vaughn Manufacturing has net credit sales of...
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Do It! Review 8-4 In 2017, Vaughn Manufacturing has net credit sales of $1,480,200 for the year. It had a beginning accounts receivable (net) balance of $100,800 and an ending accounts receivable (net) balance of $113,700 Compute Vaughn Manufacturing's receivables turnover. (Round answers to 1 decimal place, e.g. 12.5.) Accounts receivable turnover times LINK TO TEXT Calculate Vaughn Manufacturing's average collection period in days. (Round answers to 1 decimal place, e.g. 12.5.) Average collection period in days Click if you would like to Show Work for this question: Open Show Work days LINK TO TEXT Question Attempts: 0 of 3 used
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