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The Days' Sales in Accounts Receivable during the year is calculated by the formula: __________ divided by the Accounts Receivable Turnover Ratio

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hOUSTON, Texas

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Answer

It is the number of days in the year. It is 365 divided by the Accounst Receivable Turnover Ratio

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Expert: vinsu
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Answered: 10/23/2006

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MBA in Finance and Marketing

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