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For the Fiscal Years 2009 and 2010, Apple Co  Year Ended December 31,\text { Year Ended December 31,}

Question 68

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For the fiscal years 2009 and 2010, Apple Co. reported the following:
 Year Ended December 31,\text { Year Ended December 31,}
20102009$34,124,961$44,123,486 Net Sales 719,365749,321 Accounts Receivable \begin{array}{lll}2010&2009\\\$ 34,124,961 & \$ 44,123,486 & \text { Net Sales } \\719,365 & 749,321 & \text { Accounts Receivable }\end{array} a. Compute the accounts receivable turnover for 2010.
b. Compute the number of days' sales in receivable at the end of 2010.

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