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Submit Assignment for Gradi Save Question 4 of 2 Click here to read the eBook: Asset Management Ratios DAYS SALES OUTSTANDING
Click here to read the eBook: Market Value Ratios MARKET/BOOK RATIO Edelman Engines has $6 billion in total assets. Its balan
River Corps total assets at the end of last year were $480,000 and its net income was $32,750. What was its return on total
Click here to read the eBook: Debt Management Ratios DEBT TO CAPITAL RATIO Kayes Kitchenware has a market/book ratio equal t
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Answer #1

Accounts receivable = sales x collection period=360 $840,000.00 [ 7300000*42/365)

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