Multiple Choice
At the end of the first year,the Treadwell Tire Company had net accounts receivable of $67,900 and at the end of the second year the company had net accounts receivable of $72,400.If the company's net sales revenue during the second year was $876,875,the receivables turnover ratio for the second year was:
A) 12.5.
B) 29.2.
C) 0.08.
D) 0.034.
Correct Answer:

Verified
Correct Answer:
Verified
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