Chapter 7, Problem 7.4BE

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York Digital has an accounts receivable turnover for the year of 7.5. Net sales for the period are $180,000. What is the number of days' sales in receivables?

ABD Enterprises' total quick assets were $7,420,000, its current assets were $10,100,000, and its current liabilities were $6,800,000. Its acid-test ratio equals _.

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