k1990
Mar 20, 2012, 10:15 AM
I NEED HELP FINDING THE RECIEVABLE TURNOVER RATIO & THE AVERAGE COLLECTION PERIOD IN DAYS; ALL NUMBERS ARE IN THE MILLIONS.
Company B
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Recievable: February 28,2009 $1,868 million
Revenue:February 28,2009 $45,015 million
Company R
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Accounts and notes revievable,net: December 31, 2008 $241.9 million
Net sales and operating revenue: $4,244.5 million
Company B
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Recievable: February 28,2009 $1,868 million
Revenue:February 28,2009 $45,015 million
Company R
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Accounts and notes revievable,net: December 31, 2008 $241.9 million
Net sales and operating revenue: $4,244.5 million