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Analyzing the Allowance for Uncollectible Accounts Following is the current asset section from the ...
Analyzing the Allowance for Uncollectible Accounts Following is the current asset section from the Ralph Lauren Corporation balance sheet: receivable for each of these years. Round percentages one decimal place (i.e., \( 0.2538=25.4 \% \) ) Ralph Lauren reported net sales of \( \$ 7,338 \) million in 2014. Compute its accounts receivable turnover and average collection period. Round answers to one decimal place.