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for the year ended december 31, 2006 and 2005, assume all sales are on credit...

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Accounting

for the year ended december 31, 2006 and 2005, assume all sales are on credit and then compute the following*methodology ch2 - formulating and clarifying the research topic (a) collection period (b) accounts receivable turnover, (c) inventory turnover, and (d) day's sales in inventory. comment on the changes in the ration from 2005 to 2006

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