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  3. the following information pertains to skeleton res

The following information pertains to Skeleton resorts: Credit sales. $450000 Net accounts receivable beginning. $63000...

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Accounting

The following information pertains to Skeleton resorts:

Credit sales. $450000

Net accounts receivable beginning. $63000

Net accounts receivable ending. $54000

Allowance for Bad debts ending. $5000

Calculate Skeletons receivables turnover ratio, days in receivables ratio and allowance ratio.

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