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Mifflin Company reported the following for the current year: Net sales Cost of goods sold...

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Accounting

Mifflin Company reported the following for the current year: Net sales Cost of goods sold Beginning balance in accounts receivable Ending balance in accounts receivable Compute (a) accounts receivable turnover and (b) days' sales uncollected. Hint. Accounts receivable turnover uses average accounts receivable, and days' sales uncollected uses the ending balance in accounts receivable. Complete this question by entering your answers in the tabs below. Accounts Receivable Turnover Compute the accounts receivable turnover. ays Sales Uncollected Numerator: 1 1 1 $ 60,000 38,000 14,000 6,000 Accounts Receivable Turnover Denominator: Accounts Receivable Turnover = = = Accounts Receivable Turnover Accounts receivable turnover times Days Sales Uncollected >
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Mifflin Company reported the following for the current year: Compute (a) accounts receivable turnover and (b) days' sales uncollected. Hint. Accounts receivable turnover uses average accounts receivable, and days' sales uncollected uses the ending balance in accounts recelvable. Complete this question by entering your answers in the tabs below. Compute the accounts recelvable tumover

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