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Ross Company had the following balances: Receivables, net (December 31, 2010) $200,000 Receivables, net (December, 2009) $250,000 Sales (all credit) (December 31, 2010) $1,600,000 Sales (all credit) (December 31, 2009) $1,000,000 a. Calculate the accounts receivable turnover ratio for 2010. b. Calculate the average number of days to collect.

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